Phil Hogan: EU will stand firm against Washington over trade disputes

A trade dispute dating back to 2004 over subsidies for Europe's Airbus and US planemaker Boeing is drawing to a conclusion.

European Trade Commissioner Phil Hogan said Washington had twice rejected EU proposals to settle the dispute and he hoped the WTO would issue its findings as soon as possible in September. Picture: Reuters/Yves Herman

The European Union will take decisive action against the United States if it is unwilling to settle a long-running row over aircraft subsidies and presses ahead with a series of new trade investigations, Europe's trade commissioner Phil Hogan said today.