(WASHINGTON) JUST IN: The United States on Monday told the WTO that it regretted the European Union’s seeking retaliatory tariffs for Boeing BA.N subsidies, and that it favoured a “negotiated resolution” with the bloc over its subsidies to rival planemaker Airbus AIR.PA #AceFinanceDesk report

#AceFinanceReport – Oct.26: U.S. regrets EU move on tariffs, seeks deal on Boeing-Airbus row according to speech: The U.S. speech, seen by Reuters, came at a meeting of the World Trade Organization’s Dispute Settlement Body (DSB) which gave its formal clearance on Monday for the EU to impose tariffs on $4 billion of U.S. goods:

Reuters Wire News, [Oct 26, 2020 at 12:28]

“ In conclusion, the United States strongly favors a negotiated resolution of its dispute with the EU over the massive launch aid subsidies it provided to Airbus: The United States has recently provided proposals for a reasonable settlement that would provide a level playing field,” the U.S. delegation said:

#AceFinanceDesk report ……….Published: Oct.26: 2020:

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