:

Business/Financial

EU Wants $12 Billion In U.S. Sanctions Over Boeing Subsidy Spat

Julie Samuel

Friday, September 28th, 2012

SHARE:

The European Union (EU) asked the World Trade Organization (WTO) yesterday for permission to slap the United States with $12 billion in annual trade sanctions because the organization found this year that Boeing [BA] received improper U.S. government support. This call for U.S. penalties is the latest move in a trans-Atlantic trade dispute which also involves a U.S. challenge to support European countries gave airplane maker Airbus. This two-part trade battle was particularly heated in the halls of Congress when…

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]