The U.S. government on Friday raised tariffs on aircraft imported from the Europ...
The WTO launches twin probes into public support for Boeing and Airbus after bilateral negotiations fail.Airbus announces a new A350 jetliner for which it will seek further government loans from host nations.The WTO issues an interim ruling that some European aid provided to Airbus violated a ban on export subsidies - a type of aid deemed most harmful and therefore automatically banned.The WTO demands a halt to unfair aid for jets including the Airbus A380 superjumbo.
In November, the WTO rules tax breaks surrounding the development of the Boeing 777X - the subject of the EU’s second case - did fall into the more severe “prohibited” category.WTO appeal judges reverse the ruling that the 777X tax breaks are in the “prohibited” column, bringing an abrupt halt to the EU’s second case.
The EU appeals this decision, but the WTO does not change its stance in a follow-on ruling, published the same year.In May, the WTO again rules that the EU has failed to halt all subsidies to Airbus and that these continue to harm Boeing. The United States threatens sanctions on billions of dollars of European products. Both sides enter arbitration to determine the scope of tariffs.
WTO arbitrators award the United States the right to impose tariffs on $7.5 billion of annual EU imports in its case. In October, Washington imposes 10% tariffs on most European-made Airbus jets and 25% duties on products ranging from cheese to olives and single-malt whisky.
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