German Economy Minister Peter Altmaier said he would meet with U.S. Trade Repres...
German Federal Minister of Economic Affairs and Energy Peter Altmeier speaks at an event hosted by the German Marshall Fund, in Washington, D.C., July 10, 2019. ÊREUTERS/Jonas Ekblom
The World Trade Organization has found that both Boeing and Airbus, the world's two largest planemakers, have received billions of dollars of harmful or illegal government subsidiesThe United States and the European Union have threatened to impose billions of dollars of tariffs on each other, with Washington first in line to seek tariffs under the WTO timetable.
Washington had signaled its openness last month to working on an enforceable mechanism to govern government subsidies for aircraft production, a move that could pave the way for resolving a dispute which has taken up thousands of pages of rulings over the last nearly 15 years. Altmaier said he and Mnuchin discussed a range of issues including possibly boosting liquefied natural gas exports from the United States to Europe, sanctions against Iran and other countries, and prospects for intensifying cooperation on the issue of Ukraine and gas transfers.
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