US must offer deeper subsidy cuts to revitalise WTO talks: EU
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The European Union&#039;s chief agricultural trade negotiator has urged Washington to make new concessions on subsidies to US farmers, saying the move was crucial to reviving stalled talks on liberalising global commerce.
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The European Union has requested talks with the U.S. government over antidumping duties that have hit a British steel firm in the first step toward asking the World Trade Organization to condemn the U.S. tariffs, EU officials said Tuesday.
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The European Union said Tuesday it will accept cuts in subsidies for Airbus Industries only if Washington reduces aid for its main trans-Atlantic competitor, Boeing Co.
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The United States and the European Union reignited their long-festering trade war over commercial aircraft subsidies Wednesday.
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The European Union said on Tuesday it would reimpose sanctions on &#36;4 billion worth of U.S. goods if the World Trade Organization backed its complaint about residual U.S. export tax breaks.
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Brussles - EU trade chief Peter Mandelson wants clarification of the US stance in threatened WTO action over aid to Airbus, his spokeswoman said Friday after a US official indicated Washington was delaying such action.
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The United States needs to make "more ambitious" farm subsidy cuts to make progress at global trade talks, the European Union said Thursday in response to U.S. budget proposals that would cut agriculture spending by $18 billion over the next five years.
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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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The United States has agreed to cut its  maximum agricultural subsidies in a &quot;significant step&quot; towards  advancing negotiations on a new global trade pact, the mediator  of the farm talks said on Thursday.
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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.
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US aviation giant Boeing Co. is pressing for an end to subsidies for its European rival Airbus, which will be at the heart of new talks this month between the US government and the European Union.
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GENEVA - The United States has signaled its willingness to limit trade-distorting farm subsidies to a level of between $13 billion and $16.4 billion, breathing life into struggling world trade talks, the World Trade Organization's lead farm trade negotiator said yesterday.
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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 World Trade Organization (WTO) sought on Friday to rekindle hopes of a global trade deal after talks between four major powers collapsed.
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EU finance ministers have called on the United States to do more to halt the steep fall of the dollar against the euro and other currencies.
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European finance ministers have urged the US to revive the dollar, which stands near record lows against the euro, or wreak further damage on eurozone growth prospects.
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U.S. farm groups bristled this week  at calls for deeper cuts to American agriculture subsidies,  just as trade negotiators urged the United States to do more to  break a stubborn stalemate in world trade talks.