World News: 15:17 GMT Wednesday 15th May 2019. [Yahoo Business News Feed via SPi World News]
Senior officials from Boeing Co and a U.S. aerospace trade group on Wednesday urged the U.S. government to narrowly tailor any tariffs imposed on the European Union over illegal aircraft subsidies to avoid harming American manufacturers. The comments were made in prepared testimony at a hearing held by the U.S. Trade Representative's Office on proposed tariffs on EU goods related to the dispute. The United States and the EU have threatened to impose billions of dollars of retaliatory tariffs on planes, tractors and food in a nearly 15-year trans-Atlantic aircraft subsidy dispute at the World Trade Organization over subsidies given to Boeing and European rival Airbus.
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