US files WTO complaint against Airbus subsidies
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A long struggle between the world&#39;s two largest aircraft-makers escalated into a new trade war between the United States and Europe, just as France&#39;s Airbus stepped up plans to challenge Boeing for lucrative US defense contracts.
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The European Union warned the US ambassador to the WTO Thursday that the EU had abundant proof that US aerospace subsidies are harming European competitors by undercutting prices and causing them to lose markets.
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The United States and the European Union took their fight over billions of dollars in subsidies for Airbus and Boeing to the World Trade Organization on Wednesday.
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The top trade officials from the United States and the European Union will discuss a row over state subsidies accorded US aircraft manufacturer Boeing and European rival Airbus at a meeting here October 18, a European Commission spokeswoman said.
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A trade fight is heating up between the United States and Europe over commercial aircraft sales. Wednesday, Washington filed a complaint with the World Trade Organization alleging that EU countries unfairly
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U.S. trade authorities said Wednesday they will file a complaint against the European Union to the World Trade Organization, contesting what they regard as billions of dollars in unfair subsidies provided to aircraft company Airbus by European governments.
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The European Jetmaker Has Long Skirted Subsidy Rules. Now Washington&#39;s WTO Complaint Will Drag That Abuse Into The Light Of Day.
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The US filed a complaint at the World Trade Organization, arguing that European Union loans to aircraft maker Airbus SAS are an illegal subsidy.
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AIRBUS said last night that the move by the United States to file a complaint with the World Trade Organisation reveals Boeing&#39;s unwillingness to enter talks to end massive federal and state support for its new 7E7 Dreamliner.
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The Bush administration yesterday formally appealed a World Trade Organization ruling that subsidies paid to US cotton farmers violate global trade rules.
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The United States said it will file  on Wednesday a World Trade Organization complaint over what it  called "unfair" European subsidies to aircraft manufacturer  Airbus, the European rival of U.S.-based Boeing.
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The European Union on Wednesday accused the United States of trying to weaken aircraft maker Airbus and causing 27 billion dollars (19 billion euros) in losses by paying subsidies to US rival Boeing.
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Airbus has criticised a US move to take a fight about subsidies to the World Trade Organisation, saying it shows its rival&#39;s unwillingness to address its own subsidies.
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Geneva - The US yesterday appealed against a World Trade Organisation (WTO) ruling that government subsidies paid to the US cotton industry were illegal, trade sources said.
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The United States said on Tuesday it may soon take legal action in a trade row over government help for Airbus and Boeing, particularly as the European aircraft maker was seeking support for a new project.
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The US and EU reignited their long-festering trade war on Wednesday over commercial aircraft subsidies, with Washington and Brussels both taking complaints to the WTO after bilateral talks failed to resolve the bitter dispute.
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The United States and European Union&#39;s trade dispute over aircraft manufacturing subsidies escalated when both sides filed complaints to the World Trade Organization.