Ruling in WTO case against Airbus expected next week
WTO appeals judges are expected to hand down a long-anticipated decision on the dispute between the US and EU over whether EU payments to Airbus constitute illegal subsidies. The ruling caps a 14-year period of litigation that saw Airbus file its own complaint with the WTO countering that Boeing receives illegal subsidies from the US govt and the state of Washington. Airbus and Boeing have been filing cases against each other at the WTO since 2004. In 2010, the WTO ruled against Airbus, finding the US$22b it received in launch aid was illegal, and ordered Airbus and the EU to redress the situation. After failing to take any corrective action, the WTO in 2016 reaffirmed its decision, which Airbus appealed. A decision against Airbus could potentially lead to the application of tariffs on certain imports from the EU. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-05-10/general/ruling-in-wto-case-against-airbus-expected-next-week
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Ruling in WTO case against Airbus expected next week
WTO appeals judges are expected to hand down a long-anticipated decision on the dispute between the US and EU over whether EU payments to Airbus constitute illegal subsidies. The ruling caps a 14-year period of litigation that saw Airbus file its own complaint with the WTO countering that Boeing receives illegal subsidies from the US govt and the state of Washington. Airbus and Boeing have been filing cases against each other at the WTO since 2004. In 2010, the WTO ruled against Airbus, finding the US$22b it received in launch aid was illegal, and ordered Airbus and the EU to redress the situation. After failing to take any corrective action, the WTO in 2016 reaffirmed its decision, which Airbus appealed. A decision against Airbus could potentially lead to the application of tariffs on certain imports from the EU. <br/>
