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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Boeing Co | NYSE:BA | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.44 | 0.26% | 167.25 | 168.65 | 164.93 | 166.12 | 7,208,131 | 01:00:00 |
From Apr 2019 to Apr 2024
By Robert Wall and and Doug Cameron
The World Trade Organization on Monday struck a blow against Boeing Co. (BA) determining a key tax benefit granted for production of its newest long-haul jetliner contravenes international trade rules.
The tax was a central part of a case the European Union in December 2014 filed with the WTO against the U.S. as part of a wider protracted dispute over subsidies to aircraft makers.
The WTO said the U.S. should withdraw the subsidy within 90 days, though the U.S. can appeal the ruling.
"We expect the U.S. to respect the rules, uphold fair competition, and withdraw these subsidies without any delay," EU trade commissioner Cecilia Malmström.
-Write to Robart wall at robert.wall@wsj.com and Doug Cameron at doug.cameron@wsj.com
(END) Dow Jones Newswires
November 28, 2016 10:39 ET (15:39 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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