U.S. presses the EU to end loans to Airbus

Article Abstract:

At a meeting with European Union negotiators in Brussels, U.S. trade representatives have asked that the EU discontinue its subsidies to the French aircraft manufacturer Airbus S.A.S. European officials, however, are reluctant to make such a change unless the U.S. consents to withdraw financing it provides to aeorspace and defense company Boeing Co. The sticking point in the negotiations is that neither the U.S. nor the EU believe that the financial support they are providing constitutes a subsidy.

Business Aid Programs, International aspects, Boeing Co., BA, Airbus S.A.S., Business assistance

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EU, U.S. support negotiations to end aircraft-subsidies battle

Article Abstract:

Trade representatives Peter Mendelson of the European Union and Robert Portman of the United States agreed that the row between Airbus S.A.S. and Boeing Co. over subsidies should be settled by negotiation and not in the World Trade Organization court. The battle over aircraft subsidies involves billions of dollars in financial assistance.

Trade Negotiations

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U.S. risks EU tariffs over tax rule

Article Abstract:

A tax break on United States exports by the European Union has been ruled illegal by the World Trade Organization. Fines of up to $4 billion could be levied against United States exporters.

Intnl Economic Policy, Intnl Economic Relations, Tariffs & Duties, Tariffs & Quotas, World Trade Organization, Tariffs

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