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EU permitted to impose duties on U.S. imports in Boeing case, Commission says

·1-min read
FILE PHOTO: EU's anti-fraud package presentation in Brussels
FILE PHOTO: EU's anti-fraud package presentation in Brussels

BRUSSELS (Reuters) - The World Trade Organization (WTO) on Monday formally authorized the European Union to impose sanctions on the United States in retaliation for subsidies to planemaker Boeing <BA.N>, the European Commission said.

"The European Commission is preparing the countermeasures, in close consultation with our member states," EU trade chief Valdis Dombrovskis said in a statement, adding that he was still negotiating a way out with Washington over European subsidies to rival planemaker Airbus <AIR.PA>.

"In the absence of a negotiated outcome, the EU will be ready to take action in line with the WTO ruling," he said.

(This story fixes typo in headline)

(Reporting by Marine Strauss)