Wednesday, September 15, 2010

Mixed Signals on WTO Boeing Ruling

There are conflicting reports from EU and U.S. sources concerning the nature of the World Trade Organization's panel decision on approximately $29 billion in subsidies Boeing is alleged to have received.  Compare Frank Jordans, Europe Claims WTO Ruling in Boeing Case a Victory, Assoc. Press, Sept. 15, 2010 (available here), with WTO Easier on Boeing Than Claimed: Sources, Reuters, Sept. 15, 2010 (available here).  If U.S. sources are to be believed, the WTO may have ruled that Boeing received as little as $3 billion in illegal aid.

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