The United States imposed tariffs on a record $7.5-billion worth of European Union goods on Friday (18 October), despite threats of retaliation, with Airbus, French wine and Scottish whiskies among the high-profile targets.
Scotch single malt whisky, German decals, Spanish stuffed olives, British cotton bed linen... These products have one thing in common: the US plans to tax them at 25%. EURACTIV's partner Ouest-France reports.
The World Trade Organisation authorised the United States on Wednesday (2 October) to impose tariffs on EU goods worth up to $7.5 billion (€6.8 billion), as a response to illegal subsidies given by European governments to aerospace giant Airbus.
Paris and Berlin are sticking together in the face of the American trade threat. Both countries want to do everything possible to avoid the introduction of new customs duties between Europe and the US. EURACTIV France reports.
The European Commission has dangled the prospect of limiting its public subsidies to the US administration in an attempt to avoid further tariffs from Washington that could come as early as next month in the context of the Airbus-Boeing dispute.
The Europea Union Aviation Safety Agency (EASA) will run its own tests on Boeing's grounded aircraft rather than simply accept the assessment of its US counterpart, the regulator's head said this week, marking a break with international air safety convention.
Despite the European efforts to find a negotiated solution, Washington is expected to introduce fresh tariffs against European products in the context of the long-standing Airbus-Boeing dispute, an EU official told EURACTIV.com
Boeing was hit with two wrongful death lawsuits on Thursday (16 May), which claim that the US aerospace giant did not do enough to prevent the fatal crash of an Ethiopian Airlines flight in March. Boeing is currently trying to get its grounded aircraft back into service.
Frenchman Guillaume Faury took over as CEO of European aerospace giant Airbus on Wednesday, looking to benefit from the current troubles of rival Boeing and limit potential disruption from Brexit and US President Donald Trump's trade threats.
The EU has begun preparations to retaliate over Boeing subsidies, an EU official said on Tuesday (9 April), a day after Washington listed EU products it plans to hit with tariffs in their aircraft dispute.
The US on Monday (8 April) threatened to impose tariff counter-measures of up to $11.2 billion on a host of European products, including cheese and wine, in response to subsidies received by aircraft maker Airbus.
The World Trade Organisation (WTO) released a final ruling on Thursday (28 March) saying the US and Boeing have complied with all but one subsidy complaint in a dispute with Europe over aircraft subsidies.
The European Parliament’s transport committee quizzed the head of the EU Aviation Safety Agency (EASA) on Monday (18 March) about the ongoing investigation into a crash that prompted agencies around the world to ground Boeing MAX aircraft.
The European Union and Britain plan to put forward a joint proposal for reform of the terms of their World Trade Organisation (WTO) membership in September or October, an EU source said on Monday (17 July), as London negotiates to leave the EU.
Cyber threats to the aviation sector are rapidly becoming a major issue for airlines, aircraft manufacturers and authorities. But Europe is finding legacy problems and new challenges to address cyber risks for its air transportation systems.
The EU, and aircraft manufacturer Airbus, scored a significant victory on Monday (28 November) after the World Trade Organisation (WTO) ruled that the US government's financial assistance to Boeing is illegal.
The EU will require big foreign banks operating in Europe to set aside billions in reserve funds in a tit-for-tat move against the United States that could also affect post-Brexit Britain, according to a draft proposal seen by AFP.
Strong growth despite uncertainty Europe’s aviation market remained strong in 2015 despite significant economic uncertainties. Europe’s GDP grew by 1.9 percent in 2015 and is forecast to grow by 1.8 percent annually through 2035. The European aviation market is expected...
The Obama administration said Monday (3 October) that it will press the World Trade Organisation to enforce a panel report that found the European Union guilty of maintaining illegal subsidies to Airbus.
The US and Boeing declared victory after the Word Trade Organisation concluded yesterday (22 September) that subsidies for aircraft maker Airbus were illegal. However, the US said it was "ready to negotiate" before slapping retaliatory duties.