Senior officials from Boeing Co and a U.S. aerospace industry trade group on Wednesday urged the U.S. government to narrowly tailor any tariffs imposed on the European Union over illegal aircraft subsidies to avoid harming American manufacturers, reports Trend citing to Reuters
The comments were made in prepared testimony at a hearing held by the U.S. Trade Representative’s Office on proposed tariffs on EU goods as part of the dispute.
The United States and the EU have threatened to impose billions of dollars of retaliatory tariffs on planes, tractors and food in a nearly 15-year trans-Atlantic aircraft subsidy dispute at the World Trade Organization over subsidies given to Boeing and European rival Airbus.