Airbus Subsidies on Dispute Settlement Body Agenda
The Aug. 28 meeting of the World Trade Organization's Dispute Settlement Body in Geneva will include the European Union's arguments that with Airbus launch subsidies resolved, the billions of dollars in tariffs on French wine, Airbus planes, Scottish whisky and other products should be lifted. The U.S. will also weigh in.
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Also on the agenda, the EU will discuss how it approves biotech products. Turkey is challenging EU safeguards on steel, which were a consequence of U.S. Section 232 tariffs on steel. The U.S. will address its implementation process for ending payments to companies affected by antidumping; its antidumping and countervailing duties on Korean washing machines and certain hot-rolled steel products from Japan; and its AD duties involving products from China.
China will ask for a panel to judge whether it has met its obligations to remedy wheat and rice farming support. The U.S. has said China has not, and has asked for the right to raise tariffs in response.