The European Union said on Tuesday it was open to talks with Washington in a dis...
“This only adds to the trade tensions but in reality does not change anything. The level of retaliation is up to the WTO to define, not the USTR or Boeing,” the company said in a statement.
Senior officials from Boeing and a U.S. aerospace trade group urged the U.S. government last month to narrowly tailor any tariffs imposed on the EU over illegal aircraft subsidies to avoid harming American manufacturers.The Scotch Whisky Association on Tuesday urged Washington and Brussels not to take steps that could jeopardize jobs and hurt consumers.
Sources familiar with the WTO cases said Washington’s latest salvo appeared aimed at increasing pressure on the EU and hastening negotiations by hitting important agricultural products. One of the sources, however, said it had not received much of a reply, saying: “The EU has to understand that the United States is serious about imposing tariffs. The only way this is going to get resolved is through negotiation.”The WTO has found that the world’s two largest planemakers received billions of dollars of harmful subsidies in a pair of cases marking the world’s largest-ever corporate trade dispute.
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