Last week, the chief executive of Airbus hinted that his company might seek government subsidies to launch development of new aircraft. If that came to pass, it would likely spark a trade war between Europe and America, because European “launch aid” was long ago ruled illegal by the World Trade Organization. European leaders may not fully grasp how attitudes in Washington have hardened against countries that violate trade rules. I have written a commentary for Forbes here.
Find Archived Articles: