Thursday, September 22, 2016

Trade war the Us and the Eu, the Wto condemns Brussels for state aid to Airbus – The Republic

MILAN - Grows, the intensity of the trade war between the United States and Europe, in a phase already hot for the announced failure of the commercial treaty known as Ttip, and for the 13 billion requested by Brussels to Ireland for the undue tax advantages granted to Apple. Now to finish in the viewfinder is Airbus, the giant aircraft that competes with the american Boeing: the World Trade Organization (world trade Organization) has found that the european Union and many member Countries would have provided State aid to the company that has its headquarters in Toulouse, and holds on to the axis France-Germany.

A committee for the compliance of the Wto has judged to be illegal subsidies for the $ 22 billion that have generated damage to “real and substantial” to the competitor the american Boeing. In the United States this decision was welcomed as a victory: “it is a victory for the Usa and for our workers,” said minister of the american commerce, Michael Froman.

According to the office of the United States to the Wto, Germany, France, Spain and the United Kingdom would be funded illegally, the projects, the A300, A310, A320, A330/A340, A330-200, A340-500/600, and A380. The american office has also reported that 4 billion dollars of funding illegal regarding the new aircraft, the A350 ” HISTORY of Airbus. According to Boeing, the Usa could ask for 10 billion dollars worth of damage to the Eu as compensation for the aid transferred to competitors. The Washington Post reminds us that the Wto had ordered in 2011, the suspension of these subsidies, that would cost the american economy billions of dollars in non-export. According to the Wto, would have cost Boeing at least 400 sales in less in the world, only in the two-year period 2012-2013.

The ruling comes after a series of complaints from transatlantic on subsidies to the aviation sector which constitute the largest trade dispute in the world, still in progress, after 12 years of bitter encounter. The Wto, criticises Europe for not having conformed to the 36 claims advanced by the organization, except for two of these.

The Organization there still hangs a counter-complaint with the european state aid equal and contrary on the part of Washington to the company’s Seattle room reservation. The decision taken here does not involve sanctions and is subject to appeal by Brussels. The Eu has said that it is in fact evaluating the possibility to submit an appeal, on the grounds that “unsatisfactory” some of the reasons for the decision. In any case, according to the daily american may open the doors to a new season of duties in the portfolio, in a period in which the trade of the world already experiences a strong deceleration phase, and in many jurisdictions they return to protectionism. At the White House, however, it would be a good test of strength in a phase of activism on the face of the business, even in the face of China with two new causes that are forwarded to the same Wto.

Topics:
airbus
trade
boeing
Wto
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