Sources Say US May Accept Mechanism to End Jet Subsidy Dispute With Europe -Reuters
June 18 2019 - 2:59PM
Dow Jones News
--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)
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