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WTO Approves Anti-Boeing Tariff in Response to U.S. Subsidies
The World Trade Organization (WTO) has given the European Union the green light to impose tariffs on $4 billion worth of U.S. goods, part of the 15-year-old dispute between the U.S. and Europe over subsidies provided to Boeing (NYSE:BA) and Airbus (OTC:EADSY). Airbus, backed by European lawmakers, has long argued that subsidies provided to Boeing by U.S. federal and state sources violate WTO rules. The WTO has largely agreed, determining in a ruling on Tuesday that subsidies to Boeing have cost… (www.fool.com) المزيد...
This baloney needs to stop! Trading law suits, insults and tariffs to hurt the 'other guy' isn't going to get us anywhere. Let competition work! -- not nationalist concerns that just increase costs and emotional grandstanding.
they have both been doing it, totally hypocritical of Boeing to start this war. The max would never get approved in Europe until this mess had been sorted.
The EU is totally corrupt and and is known to Bribe many characters of the WTO, so this is no news really.
bee ess !!
US sanctions are NOT something bad, they are some way to to look for. You cannot fly for normal fee over the world whithout internal US busines funding? That is the real problem. Why France or others can't? Find the real reason and solve the problem. Boeing is just another planebuilder, no more. Russians going to solve that problem, Chineese near it. Europeans... Welcome to our dinner, have a rest and lets speak about about your dollar dependent economics :) We are open. Allways were opened. Napoleon, Hitler, Dollar... Any problem may and will be solved with us, but not without us. Just call us already.