Financial Times FT.com

US delays WTO action over Airbus subsidy

By Edward Alden in Washington

Published: December 3 2004 00:27 | Last updated: December 3 2004 00:27

The US will offer an olive branch to Peter Mandelson, the European Union's new trade commissioner, next week by delaying any escalation of the dispute over subsidies to Airbus and Boeing, a US trade official said on Thursday.

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