Strained relations

Good afternoon. Here's what you need to know to end your day.

A test for transatlantic relations. The World Trade Organization gave President Trump free rein to impose tariffs on up to $7.5 billion of European exports annually in retaliation for illegal EU aid to Airbus, the biggest award in its history. Ties are already fractured by Trump's "America First" approach. It's also an example of the U.S. president getting a favorable ruling from an organization he has threatened to pull out of.