WTO to authorise tariffs on $4 billion of US exports to the European Union in the Boeing Subsidies Case

posted on 14th October 2020 by Eddie Saunders
WTO to authorise tariffs on $4 billion of US exports to the European Union in the Boeing Subsidies Case

“Airbus did not start this WTO dispute, and we do not wish to continue the harm to the customers and suppliers of the aviation industry and to all other sectors impacted,” said Guillaume Faury, Airbus CEO. “As we have already demonstrated, we remain prepared and ready to support a negotiation process that leads to a fair settlement. The WTO has now spoken, the EU can implement its countermeasures. It is time to find a solution now so that tariffs can be removed on both sides of the Atlantic.”

Airbus fully supports the EU Commission in taking the necessary action to create a level playing field and seek a long overdue agreement.