The European Union and the United States have been battling for more than a decade over mutual claims of illegal aid to plane giants Boeing and Airbus, with parallel cases at the World Trade Organisation. Photo: Bloomberg
US hit back against EU with tariff retaliation over ‘harmful’ Airbus subsidies
- US Trade Representative says it is kicking off the process for retaliation against the European Union over US$11 billion worth of damage from subsidies to Airbus
- The World Trade Organisation has found that the subsidies cause “adverse effects” to the United States
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The European Union and the United States have been battling for more than a decade over mutual claims of illegal aid to plane giants Boeing and Airbus, with parallel cases at the World Trade Organisation. Photo: Bloomberg
