US regrets EU move on tariffs, seeks deal on Boeing-Airbus row

The US on Monday told the WTO that it regretted the EU's seeking retaliatory tariffs for Boeing subsidies, and that it favoured a "negotiated resolution" with the bloc over its subsidies to rival planemaker Airbus. The US speech, seen by Reuters, came at a meeting of the World Trade Organization’s Dispute Settlement Body (DSB) which gave its formal clearance on Monday for the EU to impose tariffs on $4bn of US goods.

“In conclusion, the United States strongly favours a negotiated resolution of its dispute with the EU over the massive launch aid subsidies it provided to Airbus. The United States has recently provided proposals for a reasonable settlement that would provide a level playing field,” the US delegation said.

Similar articles