Columbia107 From Gibraltar, joined Aug 2004, 358 posts, RR: 2 Posted (10 years 11 months 3 weeks 10 hours ago) and read 1668 times:
We all know that the US Government championed Boeing in a complaint filed at the WTO against the EU alleging that EU provides unfair subsidies to Boeing's arch rival, Airbus.
We all know that one complaint deserves another, so the EU then countered their own claims that Boeing also benefits from anti-competitive government largesse.
There is no doubt that both enjoy enough government support to bring successful cases at the WTO and that most likely each will be found guilty of the infractions claimed by each side.
However, is it possible that the "resulting" victories will prove costly to Airbus or Boeing. It would be nice to know the commercial costs to Airbus or Boeing if one or both loose their case at the WTO.
For example, if Airbus should win, Boeing stands to loose the subsidy from the Japanese Government or the Washington tax breaks to support the development and construction of its new 7E7 long range jet. What if Boeing wins, what does Airbus stand to loose?
What are the views of the Forum's participants?
Columbia107 From Gibraltar, joined Aug 2004, 358 posts, RR: 2
Reply 2, posted (10 years 11 months 3 weeks 6 hours ago) and read 1632 times:
At this point in time only "Requests for consultation" have been filed (last October) at the WTO by both the EU and the US Government.
My question is obviously based on the assumption that both are or one is found guilty of the infractions claimed by both parties.
Sinlock From United States of America, joined Dec 2000, 1690 posts, RR: 2
Reply 3, posted (10 years 11 months 3 weeks 6 hours ago) and read 1627 times:
I was going to post a topic on a similar issue but scence this topic is nearly the same I'll post it here.
With Airbus stating the A350 will not enter service until 2010 (Instead of 2007) is there a chance of the possible trade war being negated.
The 2010 date takes a lot of pressure off Boeing's 7E7 and may also give the US and EU more time to work with the WTO in a civil manor and avoid the Trade Disagreement from spilling over into a broad Trade War that would drag down the world economy.