Report from the World Trade Organization (WTO) Appellate Body (DS353) confirms and even extends previous WTO findings. The Report confirms the existence of illegal U.S. subsidies to Boeing – previously identified by the WTO as “at least $5.3 billion” and extended by billions of US dollars as a result of today’s decision – resulting in an estimated loss of approximately $45 billion in sales for Airbus. Despite earlier Boeing claims that only minimal actions to comply with WTO rules were necessary, it has become clear today that Boeing will have to make major changes to comply with this final WTO ruling.
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