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WTO rules that EU failed to remove all Airbus subsidies

Reuters  |  GENEVA/PARIS 

By Tom Miles and Tim HepherGENEVA/PARIS (Reuters) - The World Trade Organization ruled on Tuesday the European Union had ignored requests to halt all subsidies to planemaker Airbus, prompting the United States to threaten sanctions against European products unless the EU stops "harming U.S. interests".The WTO said the EU had failed to remove support in the form of preferential government loans for the world's largest airliner, the A380, and Europe's newest long-haul plane, the A350, causing losses for Boeing and U.S. aerospace workers.However, the Geneva watchdog dismissed U.S. claims that ...

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First Published: Tue, May 15 2018. 21:38 IST