Boeing Jets Subject to EU Tariffs Approved by WTO | Aviation International News

Boeing Jets Subject to EU Tariffs Approved by WTO

The European Union may impose tariffs of $4 billion a year on U.S. products according to a WTO ruling over Boeing aircraft subsidies.

By Gregory Polek • Senior Editor

October 13, 2020

The World Trade Organization on Tuesday authorized the European Union to impose nearly $4 billion worth of tariffs annually on U.S. goods in response to what the trade body declared prohibited subsidies to Boeing. The decision comes about a year after the WTO authorized the U.S. to impose tariffs on $7.5 billion worth of Airbus jets and other goods from the UK, France, Germany, and Spain. Meanwhile, the EU has already finished its public consultation on planned countermeasures and has published the preliminary list of U.S. products to which they will apply, including Boeing aircraft.

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