.. subcription
    .. rss channels
    .. press releases
    .. contacts

            november 21, 2019

.. in english  .. по-русски  .. latviski    

LKW Walter

CIBE 2019

  .. sitemap ..

  .. publications ..

  .. news ..

  .. advertisement ..

LKW Walter
LKW Walter Rus
  .. partners ..


US hopes to beat EU on subsidies


Flushed with victory before the World Trade Organisation (WTO), in which the US won a dispute against China's grain import quotas, American trade officials now threaten US$11 billion in tariffs on the European Union over aircraft subsidies.
The aim is to force the resolution of a 14-year dispute before the WTO concerning subsidies the US claims the EU provided Airbus when it launched the A380 and A350XWB aircraft, reports New York's FreightWaves.
The $11 billion figure represents the calculation the US has made for lost sales by US manufacturers such as Boeing due to Airbus subsidies by EU members.
The proposed US tariffs adds a second major front to the US-Europe trade discussions. US imports of European automobiles are the focus of the other possible action, and await a Trump Administration decision on a US Department of Commerce recommendation from February 2019.
In the most recent action, the US Trade Representative identified 317 tariff line items valued at $21 billion for potential tariffs of up to 100 per cent ad valorem, nine of which are aircraft- and parts-related to be applied specifically against France, Germany, Spain and the UK.

.. search ..