Tag: WTO

Europe Can Impose Tariffs on U.S. in Long-Running Aircraft Battle

By Ana Swanson and Niraj Chokshi, nytimes The World Trade Organization on Tuesday gave the European Union permission to impose tariffs on $4 billion worth of American products annually in retaliation for illegal subsidies given to the U.S. plane maker Boeing, a move that could result in levies ...

Airbus takes final step to end long-standing WTO dispute and U.S. tariffs

Airbus has agreed with the governments of France and Spain to make amendments to the A350 Repayable Launch Investment (RLI) contracts. After 16 years of litigation at the World Trade Organisation (WTO), this is the final step to stop the long-standing dispute and removes any justification for U.S. t...

WTO rules tariffs should be reduced by around two billion dollars following Airbus compliance measures

WTO rules tariffs should be reduced by around two billion dollars following Airbus compliance measures

A WTO panel assessing the measures the EU and Airbus have taken to comply with the WTO recommendations has issued its findings. As a result of the panel’s findings, the US should immediately reduce the USD 7.5 billion in tariffs that the WTO authorised to the US in October by aroun...

Head of Emirates warns that tariff war will drive up travel costs

Head of Emirates warns that tariff war will drive up travel costs

Travel could be set to become costlier for passengers, that is according to the world’s biggest long-haul airline. “In the end, the prices of what we get charged as a result of tariff imposition will be passed through as they have to, to consumers, so prices are likely to rise,” Emirates p...

Airbus reiterates call for talks to reduce trade tensions

Airbus reiterates call for talks to reduce trade tensions

Airbus SE notes the decision of the World Trade Organization (WTO) regarding the level of countermeasures it authorizes the United States to impose on products from the European Union (EU). If the United States Trade Representative (USTR) chooses to impose tariffs on the importation of aircraft and...

US could be granted $8B tariffs on EU goods

US could be granted $8B tariffs on EU goods

The World Trade Organization (WTO) is expected to grant the United States approval to impose tariffs on European Union (EU) goods, including aircraft and parts, worth up to $8 billion annually. The decision could reignite what has already been a has been a fifteen year long aircraft dispute conc...

WTO rules in favour of EU and Airbus

WTO rules in favour of EU and Airbus

Airbus said it welcomes the report of the WTO Appellate Body published on 28 March which it said "confirms that the United States failed to withdraw the subsidies granted by federal, state and local authorities to Boeing, and to remove the harm those subsidies caused to Airbus". The Appellate Bod...

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