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Archive Home > 2012 > September > 28 > Europe may seek $12B in sanctions over Boeing subsidies

Europe may seek $12B in sanctions over Boeing subsidies

By Nicola Clark / The Bulletin
September 28, 2012

PARIS — The European Union inched closer to a trans-Atlantic trade war Thursday, saying that it would seek to impose up to $12 billion a year in sanctions against the United States in retaliation for U.S. government subsidies to Boeing.

The European Commission, the EU executive body, said it was....

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