EU takes US to WTO following move on Airbus aid
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The European Commission said Wednesday it will seek consultations with the United States at the World Trade Organisation in response to US action over state aid for the European aircraft maker Airbus.
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The US and European Union, the world&#39;s two largest trading partners, filed dueling complaints at the World Trade Organization, arguing that aid to aircraft makers Airbus SAS and Boeing Co.
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The United States and the European  Union averted a legal clash over rivals Airbus and Boeing on  Tuesday, agreeing to talks on eliminating billions of dollars  in subsidies to the world's top two plane makers.
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SAN FRANCISCO (CBS.MW) - Escalating a long simmering spat, the United States filed a World Trade Organization compliant Wednesday, seeking to end European subsidies to Airbus, Boeing&#39;s top rival in making airplanes.
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The European Commission (EC), the executive arm of the European Union (EU), said on Friday the WTO has authorized the EU and six other countries to impose retaliatory measures against the United States in a trade dispute.
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The World Trade Organization on Tuesday authorized the European Union and seven other leading American trading partners to impose more than $150 million
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Description: The United States and the European Union take their fight over corporate subsidies to the World Trade Organization. An initial US complaint targeted EU subsidies to aircraft manufacturer Airbus.
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The EU has hit back after Washington filed a case at the World Trade Organisation over state aid for aircraft maker Airbus EAD.PA , filing its own case over what it called &quot;massive illegal&quot; aid for Boeing BA.
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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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European Union officials on Friday called on the United States to clarify its position on a possible court challenge at the World Trade Organization over alleged unfair subsidies given to European aircraft maker Airbus.
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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 Wednesday.
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The United States and European Union should abandon their costly WTO feud over aircraft subsidies and negotiate a new trade pact, Airbus's US chief said Thursday.
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The United States and the European Union said yesterday that they would try to settle a dispute over aid they give their major airplane-makers, stepping back from a transatlantic clash over government support for rivals Boeing Co. and Airbus SAS.
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Two of US Trade Representative Robert Zoellick&#39;s top aides are in Brussels today meeting with their European Union counterparts trying to put an end to what the US claims are unfair subsidies to Airbus Industries.
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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 European Commission hopes for positive developments in the European Union-US row over government aid to aircraft manufacturers Airbus and Boeing, a commission spokeswoman said.
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European aircraft maker Airbus on Thursday criticized a U.S. move to take a fight about subsidies to the World Trade Organization (WTO), saying it showed its rival's unwillingness to address its own subsidies.