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by rndgermandude
2442 days ago
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It gets worse. Boing got (indirect) subsidies[1] to the tune of at least $23bln, says the EU (but denies it subsidizes Airbus and most allegations it subsidized Airbus in the past). And the US even used the Echelon system to spy on European companies including Airbus and gave the information to US competitors including Boing (the EU parliament investigation concluded economic/industrial espionage happened, and former CIA director James Woolsey later admitted to abusing Echolon to spy on European companies). So both companies are claimed to have received substantial "illegal" subsidies. This isn't Trump's making btw. This legal battle over subsidies started I think in about 2004, so Trump is the third president involved. But of course, he was eager to jump on it and announce those tariffs now, even before the WTO ruling was finalized. [1] https://trade.ec.europa.eu/doclib/docs/2010/september/tradoc... |
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