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World Trade Organization

US claims win in dispute with EU over aerospace subsidies

The Obama administration on Thursday claimed a victory in its long-running trade dispute with the European Union over whether the 28-country bloc is illegally helping airplane manufacturer Airbus.

In June 2011, the World Trade Organization found that the EU and four of its member countries provided billions of dollars in subsidized financing to Airbus. While the EU subsequently claimed to have come into compliance, the United States disagreed and requested that a compliance panel intervene.

The WTO panel on Thursday ruled mostly in favor of the U.S. The international body, which helps solve trade disputes, found the EU had provided billions of dollars more in subsidies,...

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