AOL.com Video - EU Demands US Ends Boeing Subsidies

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EU Demands US Ends Boeing Subsidies

Description:The message to the US from the European Union's trade chief was loud and clear. Karel de Gucht says America must end subsides to its plane maker Boeing. He was speaking in Geneva after a ruling by the World Trade Organisation's appeal board. The board said the subsidies included a contribution of at least 2.6 billion dollars from the space agency Nasa. It allowed Boeing to launch its modern 787 Dreamliner, causing what they called "serious prejudice" to its European rival Airbus. (1:56)

Source: Reuters

Tags: EU Demands US Ends Boeing Subsidies , boeing subsidies , nasa boeing , reuters