The crossfire continues between the European Union and the United States on their public aid to their respective aircraft manufacturers. With the publication, on Wednesday 17 April, of the draft European tariff sanctions list on the pretext of correcting the impact of the respective subsidies, the Airbus/Boeing saga could enter its riskiest phase: that of fuelling a new tariff war.
After more than 15 years of disputes at the World Trade Organisation (WTO), the two proceedings, one...