THE WALL STREET JOURNAL: WTO Expected to Rule Against EU on Airbus Subsidies




September 21, 2016 | BY ROBERT WALL LONDON—The World Trade Organization is expected to rule Thursday that the European Union failed to adequately eliminate illegal subsidies to plane maker Airbus Group SE, according to people familiar with the finding. The ruling in the long-running trans-Atlantic trade dispute is expected to be followed by a WTO determination the U.S. similarly didn’t sufficiently address concerns about subsidies benefiting Boeing Co., the people said. At stake are potentially billions of dollars in tariffs the U.S. and EU could be allowed to impose on each other unless the WTO’s subsidy concerns are addressed. Those tariffs, which haven’t yet been set and don’t have to be imposed by the winning side, could be applied to trade involving products other than planes or their components. To read the full article, please click here.