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U.S. hopes to see decision from WTO on aircraft subsidy issues soon

U.S. hopes to see decision from WTO on aircraft subsidy issues soon
FILE PHOTO: A World Trade Organization (WTO) logo is pictured on their headquarters in Geneva, Switzerland, June 3, 2016. REUTERS/Denis Balibouse -
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Denis Balibouse(Reuters)
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WASHINGTON (Reuters) – The United States hopes to see a decision from the WTO in the next week or two about the level of tariffs Washington may impose after winning a case about European subsidies to Airbus <AIR.PA>, the U.S. ambassador to Brussels said Wednesday.

Ambassador Gordon Sondland said the two sides could still reach an agreement on aircraft subsidies, but Washington hoped to recover damages caused to U.S. industry by the EU launch aid for Airbus. He said previous informal conversations with the EU on the issue had “really gone nowhere.”

He told reporters on a teleconference that U.S. President Donald Trump would make the final decision on the tariffs to be imposed, once the WTO arbitrator had ruled on the allowable level.

(Reporting by Andrea Shalal)

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