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Boeing may get hit with WTO sanctions

Nov. 28, 2016 2:19 AM ETThe Boeing Company (BA) StockBABy: Yoel Minkoff, SA News Editor8 Comments
  • The World Trade Organization is set to rule this week that Boeing (NYSE:BA) received illegal tax breaks from Washington state to build its new 777X, the latest round in a long-running dispute between the U.S. and Europe over planemaker support.
  • According to WSJ, the EU said Boeing had lined up more than $8B in prohibited subsidies for the long-range jetliner program, but American officials have called that figure inflated.

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