Thursday at 4:48 p.m.
Filed under:
Airplanes,
International
By Julie Johnsson and Kathy Bergen | The Obama Administration is open to negotiating a settlement to a long, costly trade dispute with the European Union over illegal government subsidies to planemakers Boeing Co. and Airbus SAS, U.S. Trade Representative Ron Kirk told reporters Thursday.
But Kirk said the Americans won’t return to the table unless the Europeans agree to stop providing launch aid to Airbus’s aircraft development programs, such as the Airbus A350-XWB, Airbus’s response to Boeing’s 787 Dreamliner. Get the full story »
April 12 at 5:59 p.m.
Filed under:
Airplanes
By Reuters
The Obama administration is almost certain to appeal a World Trade Organization ruling that Boeing received illegal subsidies as a long-running spat moves into its next stage, lawyers and analysts said. Get the full story »
April 1 at 7:26 a.m.
Filed under:
Airplanes
By Reuters
The European Union is appealing its own victory in a trade ruling against Chicago-based Boeing Co. by asking the World Trade Organization to toughen its condemnation of American subsidies for Boeing-made planes. Get the full story »
March 31 at 11:11 a.m.
Filed under:
Airplanes,
International,
Trade,
Updated
By Julie Johnsson
Guests exit a Boeing 787 Dreamliner aircraft at the Farnborough Airshow, Hampshire, July 18, 2010. (Ben Stansall/AFP/Getty Images)
Boeing Co. benefited from $5.3 billion in prohibited state and federal government subsidies, a panel of World Trade Organization judges determined in a report issued Thursday.
But the total amount that will need to be remedied by the U.S. in the trade case is about half that: $2.7 billion, since the U.S. government has already stopped providing Chicago-based Boeing billions of dollars in export-related tax breaks judged to be illegal by the WTO, U.S. officials said. Get the full story »
Feb. 23 at 1:29 p.m.
Filed under:
Airplanes,
Defense
By Julie Johnsson
Boeing Co. is the underdog to land a $35 billion contract for aerial refueling tankers that the Pentagon is expected to award as early as Thursday, analysts said.
If conventional wisdom is right, EADS North America would win its first major U.S. Defense Department deal and be the front-runner to replace the entire half-century-old tanker fleet in contracts expected to total more than $100 billion. Get the full story »
Feb. 21 at 1:11 p.m.
Filed under:
International,
Regulations,
Trade
By Reuters
Brazil said on Monday the World Trade Organization had made a final ruling in its favor in a dispute with the United States over anti-dumping measures imposed on its orange juice exports.
The decision by a WTO dispute panel, which Brazil’s foreign ministry said in a statement was a “major victory,” would be the second major trade dispute Brazil has won against the United States after a successful case against U.S. cotton aid last year. Get the full story »
Jan. 31 at 1:30 p.m.
Filed under:
Airplanes,
International,
Trade
By Reuters
Plane maker Boeing received unfair subsidies from the U.S. government, according to a World Trade Organization report on Monday, and Boeing and its European rival Airbus immediately quarreled over the scale of the support.
European rival Airbus said the report showed Boeing had received at least $5 billion in illegal subsidies and was only able to launch its 787 Dreamliner with such support. Boeing denied the assertions. Get the full story »
Jan. 25 at 12:29 p.m.
Filed under:
Airplanes,
International,
Trade
By Reuters
irbus and Boeing traded blows on Tuesday ahead of a final World Trade Organization ruling on claims Boeing received subsidies, in a tit-for-tat case brought by the European Union over similar U.S. claims against Airbus. Get the full story »
Jan. 17 at 5:43 a.m.
Filed under:
Airplanes,
International,
Trade
By Reuters
European planemaker Airbus scored a surprise victory in the annual orders race against Boeing and celebrated the 10,000th plane sale in its 40-year history with a $5 billion order from Virgin America. A last-minute surge pushed Airbus past its U.S. rival for a third year as it held onto a net order market share of 52 percent in the face of a resurgent Boeing, which was hit by cancellations in 2009 due to delays to its 787 Dreamliner. Get the full story »
Jan. 14 at 7:59 a.m.
Filed under:
Airlines,
Airplanes
By Reuters
Airbus looks set to leapfrog Boeing and score a surprise last-minute win on orders when it unveils 2010 commercial results next week, industry sources said on Friday. Get the full story »
Dec. 29, 2010 at 6:12 a.m.
Filed under:
China,
International,
Semiconductors,
Technology,
Trade
By Reuters
China has raised fresh international trade concerns after slashing export quotas on rare earths minerals, used in the manufacture of high-tech devices, risking action from the United States at the World Trade Organization.
China, which produces about 97 percent of the global supply of rare earth minerals, cut its export quotas by 35 percent for the first half of 2011 versus a year ago, saying it wanted to preserve ample reserves, but warned against basing its total 2011 export quota on the first half figures. Get the full story »
Dec. 13, 2010 at 10:10 a.m.
Filed under:
China,
International,
Taxes,
Trade
By Reuters
The U.S. government on Monday welcomed a World Trade Organization ruling that upheld President Barack Obama’s controversial decision last year to slap duties on Chinese-made tires to protect U.S. workers from a market-disrupting surge in imports.
“This is a major victory for the United States and particularly for American workers and businesses,” U.S. Trade Representative Ron Kirk said in a statement. Get the full story »
Nov. 26, 2010 at 12:27 p.m.
Filed under:
International,
Trade
By Reuters
Russian Prime Minister Vladimir Putin and German Chancellor Angela Merkel in Berlin on Nov. 26, 2010. (John MacDougall/AFP/Getty Images)
Russia may be able to join the World Trade Organization as soon as next year, completing over a decade and a half of membership negotiations, Prime Minister Vladimir Putin said on Friday.
“Regarding our possible accession to the WTO in 2011, I think this is possible, and we would like this to happen,” he said at a joint press conference with Chancellor Angela Merkel. Get the full story »
By Julie Johnsson
Boeing Co. received billions of dollars in illegal government subsidies, including $25 million in incentives that Illinois provided the plane maker to relocate its world headquarters to Chicago in 2001, a panel of the World Trade Organization determined.
The WTO report is confidential and was released to U.S. and European trade officials Wednesday. It is the first ruling in the second of dueling trade cases filed by the U.S. and European Union against each other last decade alleging that aircraft manufacturers had received unfair government support. Get the full story »
Sep. 14, 2010 at 10:32 p.m.
Filed under:
Airplanes,
Defense
By Dow Jones Newswires-Wall Street Journal
The World Trade Organization is likely to rule Wednesday that Boeing Co. received some illegal subsidies from the U.S. government, said people familiar with the case, fueling the debate with European rival Airbus and opening the door to negotiations on state support to plane makers.
The preliminary, confidential WTO finding will come more than one year after the WTO ruled in a similar case that Airbus had benefited from illegal European subsidies. Get the full story »
