Tariff Quote Watch: LVMH, Diageo Pay The Price For Airbus Subsidies — Panjiva


Tariff Quote Watch: LVMH, Diageo Pay The Price For Airbus Subsidies

China 2150 Consumer Staples 500 Industrials - Aero/Defense 153 Tariff Quote Watch 186 Tariffs 1483 U.S. 3910 WTO 94

Airbus’s CEO, Guillaume Faury, has stated that it is “too early to say” what the impact of a WTO ruling on EU subsidies provided to the firm will be in the longer-term. Faury has asserted that tariffs are “pernicious and could cause a slowdown”, particularly once the WTO rules on a related case regarding U.S. subsidies allegedly paid to Boeing. There are signs of accelerating deliveries of EU aircraft to the U.S. after a 15.8% year over year surge in 3Q. The U.S. retaliatory tariffs applied in the Airbus subsidy case also include alcoholic beverages. There are signs of stockpiling there....

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