Sources Say US May Accept Mechanism to End Jet Subsidy Dispute With Europe -Reuters

Date : 06/18/2019 @ 8:59PM
Source : Dow Jones News
Stock : Boeing Company (The) (BA)
Quote : 362.51  -0.24 (-0.07%) @ 2:40PM

Sources Say US May Accept Mechanism to End Jet Subsidy Dispute With Europe -Reuters

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--The U.S. may be agreeable to an "enforceable mechanism" that could end a long-running dispute over aircraft subsidies with the European Union, Reuters reports Tuesday, citing "two U.S. sources."

--The U.S. and Europe have both claimed the other has paid illegal subsidies to aircraft manufacturers, the report said.

--The two sides have threatened to impose tariffs, and the World Trade Organization is expected to rule on a U.S. sanctions request, possibly by summer, the report said.

 

Full story: https://www.reuters.com/article/us-trade-aircraft-exclusive/exclusive-u-s-seen-open-to-mechanism-to-end-aircraft-subsidy-spat-sources-idUSKCN1TJ1PE

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

June 18, 2019 15:44 ET (19:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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