Re:Single malt Scotch whisky targeted by United States tariffs
by inferiorhuman on Sunday October 06, 2019 @03:53AM
(#21170485)
Do you expect Boeing to come out and say they accept subsidies when their whole business model is to sue the competition?
https://www.latimes.com/business/hiltzik/la-fi-hiltzik-boein...
https://www.seattletimes.com/seattle-news/boeings-historic-t...
Boeing doesn't necessarily get direct subsidies but they get hefty tax breaks. Boeing will almost certainly get bailed out by the feds if the MAX or 777X come close to bankrupting them.
Re:Single malt Scotch whisky targeted by United States tariffs
by defertoreptar on Sunday October 06, 2019 @10:16AM
(#21172166)
> Do you expect Boeing to come out and say they accept subsidies when their whole business model is to sue the competition?
I don't have to, since Boeing already came out and said as much on the URL I posted. They make a distinction between legal and illegal subsidies recognized by the WTO.
Re:Single malt Scotch whisky targeted by United States tariffs
by blub on Sunday October 06, 2019 @03:47AM
(#21170469)
The WTO found that they were and are being illegally subsidized [1]. Maybe they're saying that they're not getting a particular type of subsidy.
But it's clear that both these companies are getting a ton of government contracts and have a special relationship with the US/EU.
https://www.bloomberg.com/news/articles/2019-03-28/wto-issue...
> Myth: Aerospace is different from other industries and requires some level of government support.
> Fact: Boeing has proven otherwise. We have financed all of our new airplane programs without the kind of government handout that launch aid represents.
http://www.boeing.com/company/key-orgs/government-operations...