The Boeing-Airbus trade row has rumbled on for 14 years with the EU and US accusing each other of doling out illegal state aid to their respective aeronautical champions
The Boeing logo is seen on a Boeing 787 Dreamliner airplane in Long Beach, California. Picture: REUTERSThe EU on Wednesday unveiled a wide-ranging list of US-made goods, from beeswax to car parts, subject to tariffs in retaliation for subsidies to Boeing as a transatlantic trade war risked re-erupting.
The ultimate amount to be won by both sides will be determined by the World Trade Organisation , with the finals sums likely to be far below the tit-for-tat demands by the EU and US. The feud has been caught in the protectionist wave launched by US President Donald Trump against Europe, with a threat by Washington to slam tariffs on car imports still looming.
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