A report out of the US Trade Representative's office
- says will modify list of EU products affected by tariffs in aircraft subsidy case
- says tariff rates on EU products will remain unchanged at 25% for EU goods, and 15% for aircraft
- says modifying list of EU products facing tariffs to remove some from Greece and Britain, adding equivalent amount France and Germany
Lighthizer says EU has not taken actions necessary to comply with the WTO decision on aircraft subsidies
- says US. committed to obtaining long-term resolution to dispute over aircraft subsidies; will begin new process with EU
The dispute between the US and the EU over aircraft has been going on more than a decade