Registered: Sep 2012
Posts: 9

U.S. complies with WTO ruling calling for end to illegal Boeing subsidies

GENEVA — The United States Trade Office says the U.S. government has responded to and complied with a World Trade Organization ruling that found the U.S. had provided illegal subsidies to Boeing Co.

The U.S. and the European Union have been at odds over subsidies to the world's top two plane makers — Boeing and Europe's Airbus. A WTO panel has also ruled that European governments provided $18 billion in subsidies to Airbus, though not all were deemed illegal.

The trade office claimed the U.S. had complied with the March WTO ruling by stopping select payouts to Boeing through NASA and the Pentagon, and by removing some beneficial tax and funding policies. It did not specify a cost of the measures.

The EU said Monday it will review the U.S. compliance measures.

Looks like Boeing is out of the illegal water - should see a nice spike upward in the price...

Opinions are fantastic conveyance of personal views.

Registered: Jul 2004
Posts: 8408

---

Quote from bRobbins72:
----illegal Boeing subsidies....
----U.S. and the European Union have been at odds....
----European governments provided $18 billion in subsidies to Airbus....
----Opinions.....
----personal views.

---

1) The only thing Europeans hate more than Boeing is Lance Armstrong.
2) They are douches.

Registered: Sep 2012
Posts: 9

---

Quote from nazzdack:

1) The only thing Europeans hate more than Boeing is Lance Armstrong.
2) They are douches.

---

Registered: Aug 2008
Posts: 1367

With good reason, the guy (Armstrong) cheated and you're acting like the hate is somehow misplaced.
I vote to remove any doping checks anyway, all sportspeople these days are taking something illegal but they just time it well, so it won't get detected.


Boeing started this bull in 2005. A tax break is just another subsidy ;)
I think Boeing found another way to circumvent the WTO rules so they are complying until the next complaint.

Neither Boeing nor Airbus operate in a free market, they're heavily subsidized semi-governmental companies - typical for the defense industry.

Registered: Jul 2004
Posts: 8408

---

Quote from d08:
----With good reason....
----I vote to remove....
----Boeing started this....
----Neither Boeing nor Airbus.....

---

1) Disagree....agree....don't know exactly for sure....agree.
2) Are you "native European"?

Registered: Aug 2008
Posts: 1367

What's native European?

Advantage Futures

Futures Brokerage & Clearing

AMP Global Clearing

Futures and FX Trading

Bright Trading

Professional Equities Trading

CTS

Futures Trading Software

DaytradingBias.com

Professional Trading Analytics

ECHOtrade

Professional Trading Firm

eSignal

Trading Software Provider

FXCM

Forex Trading Services

Global Futures

Futures, Options & FX Trading

Interactive Brokers

Pro Gateway to World Markets

JC Trading Group

Direct Access Trading

MB Trading

Direct Access Trading

MultiCharts

Trading Software Provider

NinjaTrader

Trading Software Provider

OANDA

Currency Trading

optionshouse

Option Trading & Education

Rithmic

Futures Trade Execution Platform

SpeedTrader

Direct Access Trading

SpreadProfessor

Spread Trading Instruction

thinkorswim by TD Ameritrade

Direct Access Trading

TradersStudio

System Building & Backtesting

Trading Technologies

Trading Software Provider

Trend Following

Trading Systems Provider