The European Union is preparing for possible retaliation over subsidies for Boei...
FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium March 19, 2019 REUTERS/Yves Herman/File Photo
BRUSSELS - The European Union is preparing for possible retaliation over subsidies for Boeing, a European Commission source said on Tuesday, following Washington’s listing of EU products it plans to hit with tariffs in their aircraft subsidies dispute. The U.S. Trade Representative on Monday proposed a list of EU products ranging from large commercial aircraft and parts to dairy products and wine on which to slap tariffs as retaliation for Airbus subsidies.
A Commission source said that the level of proposed U.S. countermeasures was “greatly exaggerated”, adding the amount of retaliation could only be determined by a World Trade Organization arbitrator. “In the parallel Boeing dispute, the determination of EU retaliation rights is also coming closer and the EU will request the WTO-appointed arbitrator to determine the EU’s retaliation rights,” the Commision source said, adding that the Commission was making preparations so that it could take action after the arbitrator’s decision.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
EU data supervisor probes EU bodies' software deals with MicrosoftEU data protection authorities are investigating whether the European Commission...
और पढो »
European data supervisor investigates Microsoft software used by EUThe European Union's data protection supervisor said on Monday it is invest...
और पढो »
Theresa May begs EU leaders for Brexit delay as Conservatives prepare to fight European electionsThe prime minister will head to Berlin and Paris on Tuesday to secure support for another delay to Brexit.
और पढो »
May asks EU for Brexit extension to June 30; EU could offer a yearBritish Prime Minister Theresa May wrote to European Council President Donald Tu...
और पढो »
Daily Briefing: With Brexit jammed, May dashes to Berlin and ParisDaily Briefing: - UK PM May to ask Merkel and Macron for Brexit delay - Chinese and European officials meet for EU-China summit - U.S. proposes list of EU products for tariff retaliation against Airbus subsidies
और पढो »
France to marginally overshoot EU deficit limit this yearFrance will only slightly overshoot the European Union's deficit target thi...
और पढो »
EU parliamentary committee backs visa-free travel for Britons after BrexitA European Parliament committee on Wednesday backed giving Britons the right to ...
और पढो »
Facebook cannot guarantee interference-free EU elections: ZuckerbergFacebook Inc is much better than it was in 2016 at tackling election interferenc...
और पढो »
A full EU probe into Amazon could come in the next few months, top official saysIn September, Margrethe Vestager, the head of competition policy in Europe, opened a preliminary probe into Amazon's use of data on its third-party merchants.
और पढो »
Not just Brexit: EU frets next crisis may come from money managers, clearingWhile Brexit and trade disputes dominate financial headlines, European Union off...
और पढो »