In the dispute over illegal subsidies for the European aircraft manufacturer Airbus want to impose the U.S. retaliatory duties on several exports to the EU. The US trade representative Robert Lighthizer, published on Monday (local time) in Washington, D.C. provisional list of goods worth around 11 billion dollars (9.8 billion euros), in addition to products and components for the aerospace industry many other products such as for instance a number of cheeses, olive oil, oranges, or seafood.
The United States and the EU argue since 2004, over state aid for aircraft manufacturers. It is on the one hand, EU subsidies to Airbus, and on the other hand, U.S. subsidies for Airbus rival Boeing.
The United States, the punitive duties are in conflict with the EU at the world trade organisation, WTO, and expect an early decision of the local conciliation Board had requested. The $ 11 billion correspond to the alleged damage caused by prohibited state aid for Airbus. The dispute has been running for 15 years. “The time to Act is now,” said Lighthizer. The duties should be lifted only if the EU is to end subsidies.
Airbus A380: Why the biggest passenger jet in the world is no longer up to date
By Till Bartels trade dispute between the EU and the US could escalate further,
The EU had sued the United States, however, also because of illegal subsidies to Airbus-rival Boeing before the WTO. This observed mutual rule violations, but not yet the exact amount of damages. Until the end of March, a WTO-appellate body, in the last instance, that Boeing received in spite of a previous judgment because of illegal subsidies and state AIDS. Thus, the organization paved the way for the European Union to also take retaliatory steps.
This may escalate the trade dispute between Brussels and Washington. US President, Donald Trump has already imposed punitive tariffs on steel – and aluminum-imports from the EU, which also led to counter-measures. He threatens, moreover, for months, in order to increase the import barriers for cars from Europe. This would especially make the German industry hard. Trump sees his country as a victim of unfair trade agreements and promised his followers a strict “America first”policy.