The United States on Wednesday claimed a ‘landmark victory' in a WTO ruling over its complaint on multibillion dollar subsidies for aircraft giant Airbus, a top U.S. trade official said.
“This important victory will benefit American aerospace workers, who have had to endure watching Airbus receive these massive subsidies for more than 40 years,” said U.S. Trade Representative Ron Kirk in a statement.
Level playing field
“These subsidies have greatly harmed the U.S., including causing Boeing to lose sales and market share. Wednesday's ruling helps level the competitive playing field with Airbus,” he said.
