The World Trade Organization (WTO) has authorized the European Union to

impose tariffs on products from the United States

for an annual maximum of 3.993 million dollars (2.89 billion euros) as compensation for the subsidies received by the North American aircraft manufacturer Boeing by the United States Government.

This is the conclusion of a ruling issued by a WTO arbitrator in one more piece in the long Boeing-Airbus dispute between both trading powers.

"The amount is

proportional to the adverse effects that the European Union has suffered

between September 2012 and September 2015," as determined by the WTO panel.

During that period (to which the opinion refers), Airbus lost three important sales of single-aisle aircraft and suffered threats of blocking the import of its aircraft to the US market, as well as their export to the United Arab Emirates (Washington's geopolitical ally). ).

During the arbitration process,

the EU had asked to be allowed to apply commercial retaliation measures

against the US worth more than 8.5 billion dollars annually.

At the opposite extreme, the US argued that the correct quantification of

countermeasures should not exceed $ 411.8 million

per year.

The European Commission has advanced that it

will impose the sanctions authorized by the WTO

(in the form of tariffs)

if Washington does not withdraw those that are currently applied to Europe

for helping the Airbus company, a rival of Boeing, and which amount to several billions of dollars. Dollars

The European Union would have already drawn up a preliminary list of

US products on which the tariffs would be applied

, among which are

Boeing planes

, according to Airbus.

However, industry sources highlight that the decision on the measures adopted will not take effect until next October 26, when they meet at the WTO.

Reactions

The

economic vice-president of the European Commission

, also responsible for the Trade portfolio,

Valdis Dombrovskis

, has indicated through a message on his Twitter account that the EU is committed "positively and constructively" to decide the next steps with the US. , with the "strong

preference" to reach an agreement

.

"Otherwise, we will be forced to defend our interests and respond in a proportionate way," he said.

In the same vein, the

president of the International Trade Committee of the European Parliament

, the German socialist

Bernd Lange

,

has expressed himself

, who has issued a statement in which he expresses his hope that this decision "will serve as an incentive to put an end to these controversies. through an agreement ", since" that must continue to be the absolute priority in times like these ", when" more than ever "it is necessary to" work together and not against each other ".

Therefore, it has called on the two parties to enter into negotiations to reach a long-term agreement on subsidies to aircraft manufacturers.

If there is no "commitment" by the United States, he said, "the EU should not be naive" and will impose tariffs within the limits set by the WTO.

For his part, the

CEO of Airbus, Guillaume Faury,

has indicated that the company "did not initiate this dispute" and that it does not want to "continue to harm customers and suppliers of the aviation industry and all other affected sectors."

According to the criteria of The Trust Project

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