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Airbus subsidies: the United States is threatening retaliatory tariffs

The USA have a preliminary list of punitive tariffs on European exports presented. So that Washington responds to EU subsidies to Airbus. The WTO criticized the United States in breach of the rules.

In dispute over illegal subsidies for the European aircraft manufacturer Airbus want to impose the U.S. retaliatory duties on several exports to the EU. The US trade representative Robert Lighthizer has published a provisional list with goods to the value of around eleven billion dollars (9.8 billion euros), in addition to products and components for the aerospace industry, many other Goods, such as many cheeses, olive oil, oranges, or seafood.

The United States had requested the punitive duties are in conflict with the EU at the world trade organisation, WTO, and expect an early decision of the local arbitration body. The eleven billion dollars correspond to the alleged damage caused by prohibited state aid for Airbus. The dispute has been running for 15 years.

The US trade Robert Lighthizer charge.

reciprocal rule violations

"The time to Act is now," said Lighthizer. The duties should be lifted only if the EU is to end subsidies. The EU had sued the United States, however, also because of illegal subsidies to Airbus-rival Boeing before the WTO. This observed mutual rule violations, but not yet the exact amount of damages.

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