The European Union's next chief of trade policy said the United States is not yet 'in a position' to engage on proposals to end aircraft subsidies.
, which are wholly unrelated to the aircraft subsidy complaint against Airbus, could face costly trade barriers as a consequence.
The USTR's office did not respond to a CNBC request for comment about its potential response, although back in April U.S. Trade Representative Robert Lighthizer issued a statement saying the U.S. would "respond immediately when the WTO issues its finding.
"I don't think that it's in anybody's interests to start raising tariffs right now," says BusinessEurope's Santos. "The only reason that the U.S. would strike now is to put pressure on the EU, and maybe get something out of the EU."
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