WTO

WTO authorizes EU to impose $4 billion annual tariffs on U.S.

The World Trade Organization (WTO) has authorized the European Union to impose tariffs on the United States (U.S.) goods, worth $4 billion annually. The decision was made following the previous WTO panel and appellate reports from 2011 to 2019 which stated that the subsidies granted to Boeing violated WTO rules. ...


Boeing loses Washington State 40% tax cut

The Senate of Washington State, where Boeing’s headquarters and main factories are located, repealed the tax break for aerospace manufacturers that was at the center of the trade dispute between the European Union (EU) and the United States over subsidies granted to their respective aviation industries. Airbus and the EU had qualified the tax preference as "illegal subsidies"....


United States raises tariffs on Airbus aircraft from 10% to 15%

From March 2020, the United States will raise the customs tariffs imposed on Airbus aircraft imported from Europe from 10% to 15%, in retaliation for the subsidies received by the European aircraft manufacturer....


EU appeals WTO ruling on subsidies to Airbus

The European Union has appealed the judgment by the World Trade Organization in the dispute with the United States on public aid to Airbus....