Thursday

21st Feb 2019

Ticker

WTO rules Airbus subsidies illegal, escalating trade tensions

In a ruling that could further strain transatlantic trade relations, the WTO on Tuesday concluded EU had maintained illegal support to European aircraft giant Airbus. US trade representative Robert Lighthizer threatened countermeasures on EU products, while Airbus' CEO Tom Enders said it was "only half the story – the other half coming out later this year will rule strongly on Boeing's subsidies and we'll see then where the balance lies".

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Trump and Kurz: not best friends, after all

The visit of Austrian chancellor Sebastian Kurz to the White House on Wednesday showed that the current rift in transatlantic relations is deepening by the day.

Investigation

EU commission appeals Dieselgate ruling

The Court of Justice of the EU annulled legislation which relaxed toxic emission limits for cars. EU commissioner Bienkowska said the commission will appeal.

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