White House assistant for trade and manufacturing Peter Navarro discusses the WTO ruling, the market drop and the USMCA.
Massive $7.5 Billion U.S. Award from WTO in Airbus Subsidy Case – Sets Stage for Countervailing Duties Against EU…
Jumpin’ ju-ju bones – The Trump administration via U.S. Trade Rep Robert Lighthizer and Commerce Secretary Wilbur Ross won a massive $7.5 billion award as an outcome of the World Trade Organization agreeing with the U.S. against the EU and Airbus subsidies. The WTO arbitrators decision is final and cannot be appealed. This win sets […]
Facebook of the Sky: Airbus Tests Program to Track Everything You Do During Flights…
Business Insider reports that the aviation giant Airbus announced this week that it has started in-flight trials of its newest cabin technology which will connect passengers and crew to different elements of the plane such as seats, cargo, and bathrooms. Airbus unveiled its plans for its Connected Experience at the Airline Passenger Experience Association (APEX) […]
Obama Grants Airbus License to Sell Commercial Aircraft to Iran…
The Obama administration has approved the sale of 106 Airbus planes to Iran. But the move rests on precarious ground as US President-elect Donald Trump is likely to overturn it when he takes charge in January…
China Threatens to Cut iPhone Sales & Replace Boeing with Airbus if Trump Starts Trade War…
China will cut iPhone sales and order planes from Airbus instead of Boeing if Donald Trump decides to embark upon a trade war…Mr Trump would be “naïve” to start a trade war against the country and that China would respond with “counter-measures” if the US were to act in an aggressive way…