Boeing, aerospace group urge limits to U.S. tariffs over EU subsidies

Written by on May 15, 2019

The company logo for Boeing is displayed on a screen on the floor of the NYSE in New York
The company logo for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid

May 15, 2019

WASHINGTON (Reuters) – Senior officials from Boeing Co and a U.S. aerospace industry trade group on Wednesday urged the U.S. government to narrowly tailor any tariffs imposed on the European Union over illegal aircraft subsidies to avoid harming American manufacturers.

The comments were made in prepared testimony at a hearing held by the U.S. Trade Representative’s Office on proposed tariffs on EU goods as part of the dispute.

The United States and the EU have threatened to impose billions of dollars of retaliatory tariffs on planes, tractors and food in a nearly 15-year trans-Atlantic aircraft subsidy dispute at the World Trade Organization over subsidies given to Boeing and European rival Airbus.

(Reporting by Andrea Shalal; editing by Jonathan Oatis)

Source: OANN

Share and Listen Daily! If you would Like to write for Please email Also, Read MagaFirstNews and Listen to Daily Follow @PeterBoykin via Social Media

Reader's opinions

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Current track