SUBSCRIBERS

EU challenges US subsidies to Boeing in WTO trade case

Published Sun, Dec 21, 2014 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Paris

    THE European Union filed a new trade case against the US on Friday, alleging "billions of dollars" in illegal subsidies to the aircraft maker Boeing, the World Trade Organization (WTO) said in a statement.

    The European case asserts that a package of tax breaks offered by Washington state to induce Boeing to build its planned 777X plane there would violate WTO rules and give the US planemaker an unfair advantage over its European archrival, Airbus.

    Share with us your feedback on BT's products and services