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WTO Upholds Finding Faulting Boeing Subsidies

Julie Samuel
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The World Trade Organization (WTO) upheld yesterday much of its ruling from last year that Boeing [BA] received some improper U.S. government support but not as much as the European Union (EU) alleged. This decision by the WTO’s Appellate Body, announced yesterday, is being hailed as a victory by both U.S. and European officials on opposite sides of the long-running trade dispute. “Today’s announcement is a validation of what I have been saying all along: Boeing has had to play…

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