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Airbus scoffs, Boeing crows as WTO slams EU for failing to address illegal subsidies
Seattle Times ^ | September 22, 2016 at 7:35 am | Dominic Gates

Posted on 09/22/2016 4:53:46 PM PDT by djwright

A World Trade Organization (WTO) compliance panel ruled Thursday that the European Union has fallen dramatically short of remedying the harm to Boeing from illegal subsidies to Airbus.

The decision opens a path for the U.S. to implement trade sanctions against the EU — potentially imposing billions of dollars in tariffs on its goods or services.

(Excerpt) Read more at seattletimes.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; US: Washington
KEYWORDS: 787; a380; aerospace; airbus; aviation; boeing; europeanunion; nato; subsidies; wto
This is latest in a long running dispute about subsidies. The WTO had already ruled that the EU was illegally subsidizing Airbus. In this ruling they are saying it hasn't stopped and in fact they have added another $5B.
1 posted on 09/22/2016 4:53:47 PM PDT by djwright
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To: djwright

Go-pher it! Start the sanctions. NOW!


2 posted on 09/22/2016 5:11:20 PM PDT by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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To: djwright

Airbus will now give a donation to the Clinton Foundation O’Felons.

Shazam-problem solved, and Airbus is now a DOD consultant. See how easy it is?


3 posted on 09/22/2016 6:20:02 PM PDT by Da Coyote
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To: Da Coyote

If they are illegally produced, shoot them down!


4 posted on 09/22/2016 6:28:53 PM PDT by Jumper
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To: djwright

Yet the EU wants to crush Apple because Ireland gave them a sales tax break.


5 posted on 09/22/2016 6:34:43 PM PDT by 2111USMC (Aim Small Miss Small)
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