Economics
Boeing Trade-Case Win Prompts New Trump Threat of EU Sanctions
- WTO appellate panel affirms 2016 decision, ending 14-year case
- Trade body will now determine what U.S. sanctions to allow
Photographer: Stuart Isett/Bloomberg
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The U.S. threatened to impose sanctions against the European Union after the World Trade Organization ruled that Airbus SE received illegal government funding to develop jetliners, costing Boeing Co. sales.
The final decision affirmed a 2016 finding that the EU had failed to eliminate unfair subsidies for two Airbus twin-aisle models, ending a long-running trade case. The international court is expected to rule later this year on a separate case in which the EU challenged billions of dollars in U.S. tax incentives to Boeing.