The US Trade Representative (USTR) said on Monday it was weighing tariffs on billions of dollars worth of goods from the European Union in retaliation to the subsidies allegedly provided to Boeings rival, Airbus.
The products would range from large commercial aircraft and parts to dairy and wine, the USTR said. A preliminary list of goods has been issued for public consultation.
The USTR explained it was kicking off the process in response to damage from subsidies provided to Airbus by the EU that the World Trade Organization (WTO) has found cause “adverse effects” to the US.
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It has been nearly 15 years since the US first complained to the WTO that European aircraft maker Airbus widely benefits from billions of dollars in illegal subsidies. The EU and US have been fighting for more than a decade over mutual claims of illegal aid to Boeing and Airbus.
They have filed cases at the WTO and paid billions of dollars in subsidies to gain an advantage in the global aircraft manufacturing business.
“Our ultimate goal is to reach an agreement with the EU to end all WTO-inconsistent subsidies to large civil aircraft,” US Trade Representative Robert Lighthizer said, adding: “When the EU ends these harmful subsidies, the additional US duties imposed in response can be lifted.”
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Boeing said in a statement that it “supports the US trade representative and his team in their ongoing efforts to level the playing field in the global aircraft marketplace.”
Last year, the WTO said it would evaluate the US request to introduce sanctions on European products Read More
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