BREAKING NEWS

United States appeals against latest WTO Boeing subsidies ruling

By REUTERS

DECEMBER 16, 2016 19:04

The United States appealed on Friday against a ruling on tax breaks for Boeing, the World Trade Organization said on its website, the latest step in a more than a decade-old transatlantic spat over subsidies for Boeing and Airbus.

A panel of WTO adjudicators ruled last month that a tax break from Washington state to help U.S. planemaker Boeing develop its new 777X jetliner was a prohibited subsidy.

Details of the appeal were not immediately available, but Boeing said last month that it was confident that the United States would be able to reverse the ruling.

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