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WTO Rules Against U.S. Subsidies To Boeing In Midst of Tanker Evaluation

DDN

Thursday, September 16th, 2010

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By Emelie Rutherford The World Trade Organization (WTO) in a preliminarily decision found some U.S. government subsidies to Boeing [BA] were illegal, according to U.S. sources, some of whom claimed the trade violations were not as severe as European rival Airbus'. A WTO panel issued an interim report on the European Union (EU) complaint that some U.S. aid to Boeing violated global trade rules and distorted competition, sources said yesterday. This interim decision regarding the EU complaint against U.S. subsidies…

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