US Expected to Appeal WTO Ruling on Boeing Subsidies
Lawyers and analysts believe that the United States government is likely to appeal a World Trade Organization (WTO) ruling that Boeing received illegal subsidies. A WTO panel made this decision on the 31st of March stating that Boeing had received atleast $5.3 billion in illegal subsidies, including tax breaks and funding from NASA. This decision is the latest in a transatlantic legal battle over government support for Boeing and its European rival Airbus.
The United States government stated that the decision justified its position that Airbus had got a lot more support over the years, since an earlier panel found that the European manufacturer had received more than $20 billion in illegal subsidies.
The European Union, unhappy with some aspects of the decision it won against Boeing, immediately launched an appeal that may show even more subsidies.
