Europeans continue to argue for a negotiated solution with the United States in the trade dispute involving their respective aircraft manufacturers, Airbus and Boeing while warning Washington that they will respond if they are forced to do so, after the WTO gave its green light on Wednesday 2 October to the imposition of US tariff sanctions of $7.497 billion per year(see EUROPE B12339A10).
Applying sanctions would be a "short-sighted and counterproductive" action, which would penalise the...