The European Union has until Thursday to explain how it is complying with World Trade Organization (WTO) rules regarding subsidies to Airbus. Dec. 1 marks the end of the six-month compliance period that began when the WTO’s Dispute Settlement Body accepted an appellate report confirming that certain EU subsidies to Airbus are illegal under WTO trade rules. The WTO ruling came in a case the U.S. brought against the EU over subsidies for large civil aircraft. An appellate ruling in the EU case ...
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