A delay to a decision on whether the European Union can impose tariffs against the United States over subsidies for Boeing is unjustified and harms the bloc's right to retaliate, the European Commission said on Thursday.
FILE PHOTO: U.S. and European Union flags are pictured during the visit of Vice President Mike Pence to the European Commission headquarters in Brussels, Belgium February 20, 2017. REUTERS/Francois Lenoir
The World Trade Organization has pushed back the decision, originally expected in May or June, to at least September due to the impact that recent coronavirus lockdowns are having on its work, people familiar with the case told Reuters on Wednesday. “We believe that the delay would not be justified, even in the context of COVID-19 and that it would be detrimental to the EU’s retaliatory rights under WTO rules,” he continued.
The European Union says it wants to reach an agreement with Washington over plane subsidies to set aside the dispute. However, observers do not believe that will happen until the WTO awards the EU the right to impose tariffs.
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