8/13/2020, 1:47 AM (Source: TeleTrader)
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Boeing commends USTR's efforts in Airbus subsidy case

Boeing Co. commended on Wednesday the recent efforts made by United States Trade Representative Robert Lighthizer to bring the Airbus SE subsidies case to a "full, timely and favorable resolution."

The American planemaker stated it hopes the European Union and Airbus will soon start negotiating with the US to address "noncompliance" and finally bring this case to its end.

Furthermore, Boeing asserted the company has worked with the US to repeal Washington state business and occupation tax rate for aerospace manufacturers and achieve "full compliance" to the World Trade Organization's standards.

Breaking the News / ND