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Vinson & Elkins LLP

Global Tariffs: Implications for the Aviation Industry

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The tariff policy implemented by the Trump administration in April 2025 marks a significant shift for the aviation sector by ending long-standing duty-free status in aircraft trading. As a result, U.S. manufacturers and...more

Faegre Drinker Biddle & Reath LLP

Trade Ties Between the U.S. and EU Are Tested — EU Presses Ahead With Tariffs up to $4B on U.S. Goods and Services

In the latest phase of the 16-year trans-Atlantic dispute over government subsidies to The Boeing Company and Airbus SE, on October 26, 2020, the World Trade Organization’s (WTO) Dispute Settlement Body (DSB) authorized the...more

Kelley Drye & Warren LLP

EU Targets November 10 for Imposition of Nearly $4 Billion in Tariffs on U.S. Goods in Aircraft Case

The WTO has given final approval for the EU to impose tariffs on at least $4 billion of U.S. goods in retaliation over illegal aid in connection with the Boeing/Airbus aircraft dispute. The EU has set a target date of...more

Robins Kaplan LLP

Financial Daily Dose 10.14.2020 | Top Story: WTO Allows EU to Impose $4B in Tariffs Over U.S. Boeing Subsidies

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The WTO—already on shaky ground with the White House—did little to endear itself on Tuesday with a decision giving the EU “permission to impose tariffs on $4 billion worth of American products annually in retaliation for...more

Robins Kaplan LLP

Financial Daily Dose 9.30.2020 | Top Story: JPMorgan Reaches $920M Settlement with Feds Over Spoofing Allegations

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Under the terms of a deal with the DOJ announced this week, JPMorgan will pay $920 million and sign on to a deferred prosecution agreement “to resolve charges that it had manipulated markets for U.S. government bonds and...more

Husch Blackwell LLP

USTR Revises List Of EU Imports Subject To Section 301 Tariffs

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The Office of the U.S. Trade Representative (USTR) issued an updated list of goods from the European Union (EU) subject to Section 301 tariffs as part of the Large Civil Aircraft dispute. In October 2019, the World Trade...more

Holland & Knight LLP

Trump Administration Issues New Retaliatory Measures Against EU – and Threatens More

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There have been several recent developments in trade disputes involving the Trump Administration and the European Union (EU), including an increase by the U.S. Trade Representative in tariffs on new Airbus aircraft and...more

Robins Kaplan LLP

Financial Daily Dose 2.19.2020 | Top Story: Arguments Begin Regarding Facebook’s 2010 Tax Bill

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On Tuesday, a U.S. federal tax court began hearing arguments regarding Facebook’s 2010 tax bill. The IRS valued Facebook at $13.8 billion, while Facebook reported only $6.5 billion. The final tally could potentially cost...more

Holland & Knight LLP

U.S. Considers Expansion of Tariffs in Aircraft Trade Dispute

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The U.S. Trade Representative (USTR) published a notification on Dec. 12, 2019, informing the public that it was reviewing the action being taken in the Section 301 investigation involving the enforcement of the United...more

King & Spalding

The World Trade Organization Authorizes the United States to Impose Retaliatory Duties on the European Union in Airbus Dispute

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For 15 years, the United States and the European Union have been involved in disputes before the World Trade Organization (“WTO) concerning subsidies on commercial aircraft. The disputes have resulted in findings by WTO...more

Kelley Drye & Warren LLP

A Tale of Two Aircraft: U.S. Wins Historic Award in Airbus Case While EU Awaits Ruling on Boeing

On October 2, 2019, the World Trade Organization (“WTO”) awarded the U.S. the largest arbitration award in the WTO’s history, $7.5 billion annually, in retaliation for the unlawful EU subsidization of Airbus. The award comes...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Carlos Ghosn, the onetime “savior” of Nissan, faced another indignity while again behind bars in Japan—the automaker officially removed the former chair from the board altogether....more

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