IB57 could you provide a link to the WTO decision being overturned? Thank you.
From Reuters report at the time:
The WTO said the subsidy came in the form of a renewed cut in Washington state’s main business tax for aerospace agreed in 2013, when Boeing was considering where to base assembly of the latest member of its long-haul jet family.
It is the third swathe of taxpayer support for Boeing or its European rival Airbus (AIR.PA) faulted by the WTO in a record transatlantic trade spat dating back 12 years, and involving mutual accusations of tens of billions of dollars of aid.
The WTO did not give a value for the banned aid in its latest ruling, but the EU estimated it at $5.7 billion out of an $8.7 billion tax package in Washington, where most Boeing factories are based.
Airbus said the measures had cost it $50 billion in sales.