Trade Body: Eu Still Providing Illegal Subsidies To Airbus

GENEVA (AP) — The World Trade Organization's appellate body has ruled that the European Union is continuing to provide illegal subsidies to plane-maker Airbus. The WTO decision on the latest in a string of tussles between Europe's Airbus and U.S. rival Boeing comes as the Trump administration has exerted intense pressure on the Geneva-based organization over what the president alleges is its "unfair" treatment of the United States. The appellate body maintained a ruling by the WTO's compliance panel that EU "launch aid" provided to Airbus resulted in lost sales for Boeing in the twin-aisle and very-large aircraft markets. The move means that the U.S., under WTO rules, can ask an arbitrator to determine the level of retaliation it can seek against the European bloc as a result of its failure to comply. Read more on NewsOK.com

Topics:  geneva ap     the world trade organization   european union   the wto   boeing   trump   geneva-based   united   states   u.s   read   newsok   the   eu   european   airbus   wto   europe   body   appellate   
BING NEWS:
  • EU probes on Chinese subsidies and imports
    The European Union launched an investigation into China's procurement of medical devices on Wednesday in a latest effort to protect home-grown manufacturers. It has also launched several probes into ...
    05/5/2024 - 3:18 am | View Link
  • Ocean protection and solar balconies: Positive environmental stories from 2024
    In 2023, as part of our ongoing effort to tackle eco-anxiety (both that of our readers and our own), we kept track of all the positive environmental news throughout the year. We racked up over 200 ...
    04/26/2024 - 6:26 am | View Link
  • Factbox-EU probes on Chinese subsidies and imports
    It has also launched several probes into whether Chinese clean tech producers are dumping subsidised goods on its market and whether Chinese-owned companies unfairly benefit from subsidies while ...
    04/23/2024 - 9:56 pm | View Link
  • Farm trade rift puts Ukraine’s EU aspirations in limbo
    When Ukrainian farmers look to their postwar future, they see themselves as part of the EU, selling their goods freely in the bloc’s single market. But that won’t happen if countries like Poland have ...
    04/8/2024 - 7:58 am | View Link
  • How to report Illegal Wildlife Trade
    If you think you may have encountered illegal wildlife trade online, you can report it directly via the Coalition To End Wildlife Trafficking Online website.
    05/13/2022 - 11:51 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News