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Highlights of the 17-year Airbus, Boeing trade war

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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623927922,"share":"https://ttm.financial/m/news/2144674345?lang=en_US&edition=fundamental","pubTime":"2021-06-17 19:05","market":"us","language":"en","title":"Highlights of the 17-year Airbus, Boeing trade war","url":"https://stock-news.laohu8.com/highlight/detail?id=2144674345","media":"Reuters","summary":"June 17 (Reuters) - The United States and Britain on Thursday announced a five-year truce in a long-","content":"<p>June 17 (Reuters) - The United States and Britain on Thursday announced a five-year truce in a long-running transatlantic battle over aircraft subsidies, mirroring a similar deal reached by Washington and Brussels a day earlier.</p>\n<p>The agreements resolve - at least for now - long-running conflicts over government aid provided to U.S. planemaker Boeing Co and Europe's Airbus , allowing the United States and Europe to focus more countering China, which is rapidly developing its own commercial aircraft industry.</p>\n<p>The World Trade Organization had found the world's two largest planemakers received billions of dollars of subsidies in a pair of cases dating back to 2004, and ultimately allowed both sides to impose billions of dollars in punitive tariffs.</p>\n<p>Here are highlights of the feud that has spawned thousands of pages of rulings, triggered threats of tit-for-tat tariffs on goods from plane parts to whisky and left both sides claiming victory while racking up an estimated $100 million in costs.</p>\n<p>2004</p>\n<p>The U.S. seeks talks with the EU and Airbus host nations Britain, France, Germany and Spain over alleged unfair subsidies via government loans. Washington terminates a 1992 U.S.-EU agreement covering support for Airbus and Boeing . The EU files a complaint on U.S. aid for Boeing.</p>\n<p>2005</p>\n<p>The WTO launches twin probes into public support for Boeing and Airbus after bilateral negotiations fail.</p>\n<p>2006</p>\n<p>Airbus announces a new A350 jetliner for which it will seek further government loans from host nations.</p>\n<p>2009</p>\n<p>The WTO issues an interim ruling that some European aid provided to Airbus violated a ban on export subsidies - a type of aid deemed most harmful and therefore automatically banned.</p>\n<p>2010</p>\n<p>The WTO demands a halt to unfair aid for jets including the Airbus A380 superjumbo. It says some government loans for the jet amount to \"prohibited\" export subsidies. But it rejects a U.S. request to include aid for the newer A350 in the case.</p>\n<p>2011</p>\n<p>The EU loses an appeal and is given until December to comply. However the WTO drops its finding that the A380 loans are in the \"prohibited\" category, softening its earlier ruling.</p>\n<p>A separate WTO panel partially backs the EU in its counter-case alleging $19 billion of support for Boeing from the U.S. government, NASA and various states and municipalities, and rules against aid for Boeing worth at least $5.3 billion.</p>\n<p>2012</p>\n<p>WTO appeal judges broadly uphold the ruling against U.S. support for Boeing. Both sides say they have complied with WTO rulings, while accusing the other side of failing to do so.</p>\n<p>2013</p>\n<p>Boeing announces the twin-engined 777X and agrees to build it in Washington state shortly after the local legislature agrees $8.7 billion in new aerospace industry tax breaks.</p>\n<p>2014</p>\n<p>The EU opens a second front in the trade battle by launching a separate complaint against the 777X tax breaks granted by Washington state and this time chooses a faster, all-or-nothing approach by targeting them purely as \"prohibited\" subsidies - without the usual fallback of a second, softer claim.</p>\n<p>2016</p>\n<p>After a year-long lull in the main dispute, the WTO says the EU failed to comply with its earlier rulings on Airbus. It also agrees for the first time to target aid for the new A350 but rejects U.S. calls to put this in the \"prohibited\" category.</p>\n<p>In November, the WTO rules tax breaks surrounding the development of the Boeing 777X - the subject of the EU's second case - did fall into the more severe \"prohibited\" category.</p>\n<p>2017</p>\n<p>WTO appeal judges reverse that \"prohibited subsidy\" ruling on 777X, bringing an abrupt halt to the EU's second case.</p>\n<p>In the EU's main case, the WTO largely clears the United States of maintaining unfair support for Boeing but says it has failed to withdraw the earlier Washington state tax breaks. The EU appeals unsuccessfully.</p>\n<p>2018</p>\n<p>In May, the WTO again rules that the EU has failed to halt all subsidies to Airbus. The United States threatens sanctions on billions of dollars of European products. Both sides enter arbitration to determine the scope of tariffs.</p>\n<p>2019</p>\n<p>In March, the WTO says the United States has again failed to halt subsidized tax breaks to Boeing in Washington state.</p>\n<p>The two sides disagree widely in public over the amount of subsidy faulted by the WTO.</p>\n<p>Both sides accuse the other of refusing to negotiate any settlement and unveil lists of billions of dollars of proposed tariffs on each others' goods.</p>\n<p>WTO arbitrators award the U.S. the right to impose tariffs on $7.5 billion of annual EU imports. In October, Washington imposes 10% tariffs on most Airbus jets and 25% duties on products&nbsp;ranging from cheese to olives and single-malt whisky.</p>\n<p>In December, the WTO rejects EU claims that it no longer provides subsidies, prompting Washington to warn of tariffs on a wider range of European goods.</p>\n<p>2020</p>\n<p>The United States announces an increase in tariffs on aircraft imported from the EU to 15% from 10%.</p>\n<p>In March, the Washington state legislature votes to remove a contested aerospace tax break that had benefited Boeing.</p>\n<p>In October, following delays due to the coronavirus crisis, the WTO grants Brussels permission to impose tariffs on $4 billion of U.S. goods over subsidies for Boeing.</p>\n<p>The European Commission offers to pull back from imposing tariffs if Washington withdraws its existing tariffs.</p>\n<p>But the U.S. Trade Representative's office says Brussels has \"no legal basis\" to impose the tariffs since a tax break provided by Washington State to Boeing has been repealed.</p>\n<p>Britain, no longer part of the EU but still a large player in the dispute, decides to suspend tariffs on Boeing jets and other U.S. goods to create goodwill for separate agreement with Washington. Both the EU and U.S. snub the offer.</p>\n<p>U.S. Trade Representative Robert Lighthizer says U.S. and Europe should cooperate in opposing future subsidies used by China to build its commercial aircraft industry.</p>\n<p>U.S. increases tariffs on certain EU products, including aircraft parts and non-sparkling wines from France and Germany.</p>\n<p>2021</p>\n<p>In March, Britain and the United States agree to suspend tariffs to allow serious negotiations to proceed.</p>\n<p>Brussels and Washington follow suit, suspending tariffs related to the aircraft dispute for four months through July 10.</p>\n<p>At a June summit, U.S. and EU leaders hail an agreement to resolve the dispute. It involves extending the tariff suspension for five years while pledging to tackle aerospace funding by \"non-market actors\" such as their new rival China.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> days later, Britain and the United States reach a similar deal, ensuring that retaliatory tariffs remain suspended.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Highlights of the 17-year Airbus, Boeing trade war</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHighlights of the 17-year Airbus, Boeing trade war\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 19:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - The United States and Britain on Thursday announced a five-year truce in a long-running transatlantic battle over aircraft subsidies, mirroring a similar deal reached by Washington and Brussels a day earlier.</p>\n<p>The agreements resolve - at least for now - long-running conflicts over government aid provided to U.S. planemaker Boeing Co and Europe's Airbus , allowing the United States and Europe to focus more countering China, which is rapidly developing its own commercial aircraft industry.</p>\n<p>The World Trade Organization had found the world's two largest planemakers received billions of dollars of subsidies in a pair of cases dating back to 2004, and ultimately allowed both sides to impose billions of dollars in punitive tariffs.</p>\n<p>Here are highlights of the feud that has spawned thousands of pages of rulings, triggered threats of tit-for-tat tariffs on goods from plane parts to whisky and left both sides claiming victory while racking up an estimated $100 million in costs.</p>\n<p>2004</p>\n<p>The U.S. seeks talks with the EU and Airbus host nations Britain, France, Germany and Spain over alleged unfair subsidies via government loans. Washington terminates a 1992 U.S.-EU agreement covering support for Airbus and Boeing . The EU files a complaint on U.S. aid for Boeing.</p>\n<p>2005</p>\n<p>The WTO launches twin probes into public support for Boeing and Airbus after bilateral negotiations fail.</p>\n<p>2006</p>\n<p>Airbus announces a new A350 jetliner for which it will seek further government loans from host nations.</p>\n<p>2009</p>\n<p>The WTO issues an interim ruling that some European aid provided to Airbus violated a ban on export subsidies - a type of aid deemed most harmful and therefore automatically banned.</p>\n<p>2010</p>\n<p>The WTO demands a halt to unfair aid for jets including the Airbus A380 superjumbo. It says some government loans for the jet amount to \"prohibited\" export subsidies. But it rejects a U.S. request to include aid for the newer A350 in the case.</p>\n<p>2011</p>\n<p>The EU loses an appeal and is given until December to comply. However the WTO drops its finding that the A380 loans are in the \"prohibited\" category, softening its earlier ruling.</p>\n<p>A separate WTO panel partially backs the EU in its counter-case alleging $19 billion of support for Boeing from the U.S. government, NASA and various states and municipalities, and rules against aid for Boeing worth at least $5.3 billion.</p>\n<p>2012</p>\n<p>WTO appeal judges broadly uphold the ruling against U.S. support for Boeing. Both sides say they have complied with WTO rulings, while accusing the other side of failing to do so.</p>\n<p>2013</p>\n<p>Boeing announces the twin-engined 777X and agrees to build it in Washington state shortly after the local legislature agrees $8.7 billion in new aerospace industry tax breaks.</p>\n<p>2014</p>\n<p>The EU opens a second front in the trade battle by launching a separate complaint against the 777X tax breaks granted by Washington state and this time chooses a faster, all-or-nothing approach by targeting them purely as \"prohibited\" subsidies - without the usual fallback of a second, softer claim.</p>\n<p>2016</p>\n<p>After a year-long lull in the main dispute, the WTO says the EU failed to comply with its earlier rulings on Airbus. It also agrees for the first time to target aid for the new A350 but rejects U.S. calls to put this in the \"prohibited\" category.</p>\n<p>In November, the WTO rules tax breaks surrounding the development of the Boeing 777X - the subject of the EU's second case - did fall into the more severe \"prohibited\" category.</p>\n<p>2017</p>\n<p>WTO appeal judges reverse that \"prohibited subsidy\" ruling on 777X, bringing an abrupt halt to the EU's second case.</p>\n<p>In the EU's main case, the WTO largely clears the United States of maintaining unfair support for Boeing but says it has failed to withdraw the earlier Washington state tax breaks. The EU appeals unsuccessfully.</p>\n<p>2018</p>\n<p>In May, the WTO again rules that the EU has failed to halt all subsidies to Airbus. The United States threatens sanctions on billions of dollars of European products. Both sides enter arbitration to determine the scope of tariffs.</p>\n<p>2019</p>\n<p>In March, the WTO says the United States has again failed to halt subsidized tax breaks to Boeing in Washington state.</p>\n<p>The two sides disagree widely in public over the amount of subsidy faulted by the WTO.</p>\n<p>Both sides accuse the other of refusing to negotiate any settlement and unveil lists of billions of dollars of proposed tariffs on each others' goods.</p>\n<p>WTO arbitrators award the U.S. the right to impose tariffs on $7.5 billion of annual EU imports. In October, Washington imposes 10% tariffs on most Airbus jets and 25% duties on products&nbsp;ranging from cheese to olives and single-malt whisky.</p>\n<p>In December, the WTO rejects EU claims that it no longer provides subsidies, prompting Washington to warn of tariffs on a wider range of European goods.</p>\n<p>2020</p>\n<p>The United States announces an increase in tariffs on aircraft imported from the EU to 15% from 10%.</p>\n<p>In March, the Washington state legislature votes to remove a contested aerospace tax break that had benefited Boeing.</p>\n<p>In October, following delays due to the coronavirus crisis, the WTO grants Brussels permission to impose tariffs on $4 billion of U.S. goods over subsidies for Boeing.</p>\n<p>The European Commission offers to pull back from imposing tariffs if Washington withdraws its existing tariffs.</p>\n<p>But the U.S. Trade Representative's office says Brussels has \"no legal basis\" to impose the tariffs since a tax break provided by Washington State to Boeing has been repealed.</p>\n<p>Britain, no longer part of the EU but still a large player in the dispute, decides to suspend tariffs on Boeing jets and other U.S. goods to create goodwill for separate agreement with Washington. Both the EU and U.S. snub the offer.</p>\n<p>U.S. Trade Representative Robert Lighthizer says U.S. and Europe should cooperate in opposing future subsidies used by China to build its commercial aircraft industry.</p>\n<p>U.S. increases tariffs on certain EU products, including aircraft parts and non-sparkling wines from France and Germany.</p>\n<p>2021</p>\n<p>In March, Britain and the United States agree to suspend tariffs to allow serious negotiations to proceed.</p>\n<p>Brussels and Washington follow suit, suspending tariffs related to the aircraft dispute for four months through July 10.</p>\n<p>At a June summit, U.S. and EU leaders hail an agreement to resolve the dispute. It involves extending the tariff suspension for five years while pledging to tackle aerospace funding by \"non-market actors\" such as their new rival China.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> days later, Britain and the United States reach a similar deal, ensuring that retaliatory tariffs remain suspended.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144674345","content_text":"June 17 (Reuters) - The United States and Britain on Thursday announced a five-year truce in a long-running transatlantic battle over aircraft subsidies, mirroring a similar deal reached by Washington and Brussels a day earlier.\nThe agreements resolve - at least for now - long-running conflicts over government aid provided to U.S. planemaker Boeing Co and Europe's Airbus , allowing the United States and Europe to focus more countering China, which is rapidly developing its own commercial aircraft industry.\nThe World Trade Organization had found the world's two largest planemakers received billions of dollars of subsidies in a pair of cases dating back to 2004, and ultimately allowed both sides to impose billions of dollars in punitive tariffs.\nHere are highlights of the feud that has spawned thousands of pages of rulings, triggered threats of tit-for-tat tariffs on goods from plane parts to whisky and left both sides claiming victory while racking up an estimated $100 million in costs.\n2004\nThe U.S. seeks talks with the EU and Airbus host nations Britain, France, Germany and Spain over alleged unfair subsidies via government loans. Washington terminates a 1992 U.S.-EU agreement covering support for Airbus and Boeing . The EU files a complaint on U.S. aid for Boeing.\n2005\nThe WTO launches twin probes into public support for Boeing and Airbus after bilateral negotiations fail.\n2006\nAirbus announces a new A350 jetliner for which it will seek further government loans from host nations.\n2009\nThe WTO issues an interim ruling that some European aid provided to Airbus violated a ban on export subsidies - a type of aid deemed most harmful and therefore automatically banned.\n2010\nThe WTO demands a halt to unfair aid for jets including the Airbus A380 superjumbo. It says some government loans for the jet amount to \"prohibited\" export subsidies. But it rejects a U.S. request to include aid for the newer A350 in the case.\n2011\nThe EU loses an appeal and is given until December to comply. However the WTO drops its finding that the A380 loans are in the \"prohibited\" category, softening its earlier ruling.\nA separate WTO panel partially backs the EU in its counter-case alleging $19 billion of support for Boeing from the U.S. government, NASA and various states and municipalities, and rules against aid for Boeing worth at least $5.3 billion.\n2012\nWTO appeal judges broadly uphold the ruling against U.S. support for Boeing. Both sides say they have complied with WTO rulings, while accusing the other side of failing to do so.\n2013\nBoeing announces the twin-engined 777X and agrees to build it in Washington state shortly after the local legislature agrees $8.7 billion in new aerospace industry tax breaks.\n2014\nThe EU opens a second front in the trade battle by launching a separate complaint against the 777X tax breaks granted by Washington state and this time chooses a faster, all-or-nothing approach by targeting them purely as \"prohibited\" subsidies - without the usual fallback of a second, softer claim.\n2016\nAfter a year-long lull in the main dispute, the WTO says the EU failed to comply with its earlier rulings on Airbus. It also agrees for the first time to target aid for the new A350 but rejects U.S. calls to put this in the \"prohibited\" category.\nIn November, the WTO rules tax breaks surrounding the development of the Boeing 777X - the subject of the EU's second case - did fall into the more severe \"prohibited\" category.\n2017\nWTO appeal judges reverse that \"prohibited subsidy\" ruling on 777X, bringing an abrupt halt to the EU's second case.\nIn the EU's main case, the WTO largely clears the United States of maintaining unfair support for Boeing but says it has failed to withdraw the earlier Washington state tax breaks. The EU appeals unsuccessfully.\n2018\nIn May, the WTO again rules that the EU has failed to halt all subsidies to Airbus. The United States threatens sanctions on billions of dollars of European products. Both sides enter arbitration to determine the scope of tariffs.\n2019\nIn March, the WTO says the United States has again failed to halt subsidized tax breaks to Boeing in Washington state.\nThe two sides disagree widely in public over the amount of subsidy faulted by the WTO.\nBoth sides accuse the other of refusing to negotiate any settlement and unveil lists of billions of dollars of proposed tariffs on each others' goods.\nWTO arbitrators award the U.S. the right to impose tariffs on $7.5 billion of annual EU imports. In October, Washington imposes 10% tariffs on most Airbus jets and 25% duties on products ranging from cheese to olives and single-malt whisky.\nIn December, the WTO rejects EU claims that it no longer provides subsidies, prompting Washington to warn of tariffs on a wider range of European goods.\n2020\nThe United States announces an increase in tariffs on aircraft imported from the EU to 15% from 10%.\nIn March, the Washington state legislature votes to remove a contested aerospace tax break that had benefited Boeing.\nIn October, following delays due to the coronavirus crisis, the WTO grants Brussels permission to impose tariffs on $4 billion of U.S. goods over subsidies for Boeing.\nThe European Commission offers to pull back from imposing tariffs if Washington withdraws its existing tariffs.\nBut the U.S. Trade Representative's office says Brussels has \"no legal basis\" to impose the tariffs since a tax break provided by Washington State to Boeing has been repealed.\nBritain, no longer part of the EU but still a large player in the dispute, decides to suspend tariffs on Boeing jets and other U.S. goods to create goodwill for separate agreement with Washington. Both the EU and U.S. snub the offer.\nU.S. Trade Representative Robert Lighthizer says U.S. and Europe should cooperate in opposing future subsidies used by China to build its commercial aircraft industry.\nU.S. increases tariffs on certain EU products, including aircraft parts and non-sparkling wines from France and Germany.\n2021\nIn March, Britain and the United States agree to suspend tariffs to allow serious negotiations to proceed.\nBrussels and Washington follow suit, suspending tariffs related to the aircraft dispute for four months through July 10.\nAt a June summit, U.S. and EU leaders hail an agreement to resolve the dispute. It involves extending the tariff suspension for five years while pledging to tackle aerospace funding by \"non-market actors\" such as their new rival China.\nTwo days later, Britain and the United States reach a similar deal, ensuring that retaliatory tariffs remain suspended.","news_type":1,"symbols_score_info":{"0KVV.UK":0.9,"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161229826,"gmtCreate":1623929830165,"gmtModify":1703823749052,"author":{"id":"3573231736491866","authorId":"3573231736491866","name":"Eunice_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573231736491866","authorIdStr":"3573231736491866"},"themes":[],"title":"","htmlText":"FT","listText":"FT","text":"FT","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/161229826","repostId":"2144459257","repostType":4,"isVote":1,"tweetType":1,"viewCount":3704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161229306,"gmtCreate":1623929808405,"gmtModify":1703823748568,"author":{"id":"3573231736491866","authorId":"3573231736491866","name":"Eunice_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573231736491866","authorIdStr":"3573231736491866"},"themes":[],"title":"","htmlText":"t","listText":"t","text":"t","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161229306","repostId":"1160003162","repostType":4,"repost":{"id":"1160003162","kind":"news","pubTimestamp":1623929570,"share":"https://ttm.financial/m/news/1160003162?lang=en_US&edition=fundamental","pubTime":"2021-06-17 19:32","market":"sh","language":"en","title":"Breaking ranks, Norway signals 4 rate hikes by mid-2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1160003162","media":"Reuters","summary":"* Norges Bank holds base rate at 0%\n* But govenor signals hikes in each of next four quarters\n* Like","content":"<p>* Norges Bank holds base rate at 0%</p>\n<p>* But govenor signals hikes in each of next four quarters</p>\n<p>* Likely to be first G10 central bank to hike rates</p>\n<p>* By contrast, no change to ultra-loose outlook for SNB</p>\n<p>* U.S. Fed opened door to post-COVID policy era on Weds (Releads with news conference)</p>\n<p>OSLO, June 17 (Reuters) - Norway’s central bank said on Thursday it expected to raise interest rates four times by mid-2022 as the economy shakes off the effects of COVID-19, breaking ranks with the still ultra-loose policy outlook of counterparts in other developed nations.</p>\n<p>A day after the Federal Reserve signalled U.S rates would probably rise from 2023 rather than 2024, Norges Bank’s monetary policy committee kept its key rate unchanged at a record low 0.0% but said a hike was likely in September and others soon after.</p>\n<p>“Given the rate path we see now, rates will be raised by 0.25% in (each of) the next four quarters,” Governor Oeystein Olsen told a news conference.</p>\n<p>Announced delays in vaccine deliveries to Norway in the third quarter did not “shift the big picture” on the economic recovery, he added in an interview with Reuters.</p>\n<p>With many of the world’s central banks laying the groundwork for a post-pandemic transition to life with less stimulus, the Fed on Wednesday also opened talks on how to end its crisis-era bond-buying.</p>\n<p>Norges Bank looks set to be be the first of the G10 group of developed economies’ central banks to raise the cost of borrowing, however, having previously signalled a hike this year.</p>\n<p>Economists polled by Reuters had been almost evenly split over whether it that would happen in September or December.</p>\n<p>But few had predicted two hikes by year-end.</p>\n<p>In stark contrast, the Swiss National Bank on Thursday signalled monetary policy would stay ultra-loose for the foreseeable future, saying projected higher inflation was no reason to change course and citing a highly valued Swiss franc.</p>\n<p>REAL ESTATE BOOM</p>\n<p>Norway’s currency, the crown, firmed to trade at 10.12 against the euro from 10.15 just before Norges Bank’s policy announcement. It then fell back to 10.21.</p>\n<p>“In the light of today’s hawkish message from Norges Bank, we will revise our policy rate forecast upward,” economists at Handelsbanken wrote.</p>\n<p>The central bank said the monetary policy committee’s revised forecasts implied a slightly faster series of rate rises towards 2024 than in previous predictions issued in March.</p>\n<p>Part of the reason behind the accelerated timetable is a rapidly recovering economy.</p>\n<p>Norges Bank on Thursday held its forecast for GDP growth of 3.8% in 2021, but raised its prediction for next year to 4.1% from 3.4%.</p>\n<p>Another factor is house price inflation, which has gathered pace since Norway cut rates three times last year to combat the impact of COVID-19, contributing to a property boom as borrowers took advantage of cheap credit.</p>\n<p>While core inflation was expected to ease to 1.7% this year from 3.0% last year, below the central bank’s 2% goal, it forecast house prices would rise by 9.2% in 2021 after expanding by 4.5% in 2020.</p>\n<p>In a related statement on Thursday, Norway’s finance ministry said it would force banks to hold more supplementary buffer capital, 1.5% of its balance sheet instead of 1%, boosting the system’s solidity while making less capital available for lending.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBreaking ranks, Norway signals 4 rate hikes by mid-2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/norway-economy-rates/update-4-breaking-ranks-norway-signals-4-rate-hikes-by-mid-2022-idUSL5N2NZ1VI><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* Norges Bank holds base rate at 0%\n* But govenor signals hikes in each of next four quarters\n* Likely to be first G10 central bank to hike rates\n* By contrast, no change to ultra-loose outlook for ...</p>\n\n<a href=\"https://www.reuters.com/article/norway-economy-rates/update-4-breaking-ranks-norway-signals-4-rate-hikes-by-mid-2022-idUSL5N2NZ1VI\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/norway-economy-rates/update-4-breaking-ranks-norway-signals-4-rate-hikes-by-mid-2022-idUSL5N2NZ1VI","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160003162","content_text":"* Norges Bank holds base rate at 0%\n* But govenor signals hikes in each of next four quarters\n* Likely to be first G10 central bank to hike rates\n* By contrast, no change to ultra-loose outlook for SNB\n* U.S. Fed opened door to post-COVID policy era on Weds (Releads with news conference)\nOSLO, June 17 (Reuters) - Norway’s central bank said on Thursday it expected to raise interest rates four times by mid-2022 as the economy shakes off the effects of COVID-19, breaking ranks with the still ultra-loose policy outlook of counterparts in other developed nations.\nA day after the Federal Reserve signalled U.S rates would probably rise from 2023 rather than 2024, Norges Bank’s monetary policy committee kept its key rate unchanged at a record low 0.0% but said a hike was likely in September and others soon after.\n“Given the rate path we see now, rates will be raised by 0.25% in (each of) the next four quarters,” Governor Oeystein Olsen told a news conference.\nAnnounced delays in vaccine deliveries to Norway in the third quarter did not “shift the big picture” on the economic recovery, he added in an interview with Reuters.\nWith many of the world’s central banks laying the groundwork for a post-pandemic transition to life with less stimulus, the Fed on Wednesday also opened talks on how to end its crisis-era bond-buying.\nNorges Bank looks set to be be the first of the G10 group of developed economies’ central banks to raise the cost of borrowing, however, having previously signalled a hike this year.\nEconomists polled by Reuters had been almost evenly split over whether it that would happen in September or December.\nBut few had predicted two hikes by year-end.\nIn stark contrast, the Swiss National Bank on Thursday signalled monetary policy would stay ultra-loose for the foreseeable future, saying projected higher inflation was no reason to change course and citing a highly valued Swiss franc.\nREAL ESTATE BOOM\nNorway’s currency, the crown, firmed to trade at 10.12 against the euro from 10.15 just before Norges Bank’s policy announcement. It then fell back to 10.21.\n“In the light of today’s hawkish message from Norges Bank, we will revise our policy rate forecast upward,” economists at Handelsbanken wrote.\nThe central bank said the monetary policy committee’s revised forecasts implied a slightly faster series of rate rises towards 2024 than in previous predictions issued in March.\nPart of the reason behind the accelerated timetable is a rapidly recovering economy.\nNorges Bank on Thursday held its forecast for GDP growth of 3.8% in 2021, but raised its prediction for next year to 4.1% from 3.4%.\nAnother factor is house price inflation, which has gathered pace since Norway cut rates three times last year to combat the impact of COVID-19, contributing to a property boom as borrowers took advantage of cheap credit.\nWhile core inflation was expected to ease to 1.7% this year from 3.0% last year, below the central bank’s 2% goal, it forecast house prices would rise by 9.2% in 2021 after expanding by 4.5% in 2020.\nIn a related statement on Thursday, Norway’s finance ministry said it would force banks to hold more supplementary buffer capital, 1.5% of its balance sheet instead of 1%, boosting the system’s solidity while making less capital available for lending.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2862,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":161229826,"gmtCreate":1623929830165,"gmtModify":1703823749052,"author":{"id":"3573231736491866","authorId":"3573231736491866","name":"Eunice_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573231736491866","idStr":"3573231736491866"},"themes":[],"title":"","htmlText":"FT","listText":"FT","text":"FT","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/161229826","repostId":"2144459257","repostType":4,"isVote":1,"tweetType":1,"viewCount":3704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161229472,"gmtCreate":1623929858796,"gmtModify":1703823749696,"author":{"id":"3573231736491866","authorId":"3573231736491866","name":"Eunice_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573231736491866","idStr":"3573231736491866"},"themes":[],"title":"","htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161229472","repostId":"2144310745","repostType":4,"repost":{"id":"2144310745","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623926187,"share":"https://ttm.financial/m/news/2144310745?lang=en_US&edition=fundamental","pubTime":"2021-06-17 18:36","market":"us","language":"en","title":"Mister Car Wash aims for over $5 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=2144310745","media":"Reuters","summary":"June 17 (Reuters) - Mister Car Wash Inc is looking to raise as much as $638 million through a U.S. i","content":"<p>June 17 (Reuters) - Mister Car Wash Inc is looking to raise as much as $638 million through a U.S. initial public offering, targeting a valuation of more than $5 billion, a regulatory filing on Thursday showed.</p>\n<p>The Tucson, Arizona-based company is offering 37.5 million shares priced between $15 and $17 per share. It has applied to list its shares on the New York Stock Exchange under the ticker symbol \"MCW\".</p>\n<p>Founded in 1996, Mister Car Wash operates 344 car washes across 21 states and reported net revenue of $595 million for the twelve months ended March 31, the filing showed.</p>\n<p>The company, controlled by private equity firm Leonard Green &amp; Partners LP, said its monthly subscription program grew by about 247,000 members in 2020 despite the COVID-19 pandemic.</p>\n<p>BofA Securities, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, Goldman Sachs and Jefferies are the lead underwriters for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mister Car Wash aims for over $5 bln valuation in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMister Car Wash aims for over $5 bln valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 18:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - Mister Car Wash Inc is looking to raise as much as $638 million through a U.S. initial public offering, targeting a valuation of more than $5 billion, a regulatory filing on Thursday showed.</p>\n<p>The Tucson, Arizona-based company is offering 37.5 million shares priced between $15 and $17 per share. It has applied to list its shares on the New York Stock Exchange under the ticker symbol \"MCW\".</p>\n<p>Founded in 1996, Mister Car Wash operates 344 car washes across 21 states and reported net revenue of $595 million for the twelve months ended March 31, the filing showed.</p>\n<p>The company, controlled by private equity firm Leonard Green &amp; Partners LP, said its monthly subscription program grew by about 247,000 members in 2020 despite the COVID-19 pandemic.</p>\n<p>BofA Securities, <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, Goldman Sachs and Jefferies are the lead underwriters for the offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00699":"均胜电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144310745","content_text":"June 17 (Reuters) - Mister Car Wash Inc is looking to raise as much as $638 million through a U.S. initial public offering, targeting a valuation of more than $5 billion, a regulatory filing on Thursday showed.\nThe Tucson, Arizona-based company is offering 37.5 million shares priced between $15 and $17 per share. It has applied to list its shares on the New York Stock Exchange under the ticker symbol \"MCW\".\nFounded in 1996, Mister Car Wash operates 344 car washes across 21 states and reported net revenue of $595 million for the twelve months ended March 31, the filing showed.\nThe company, controlled by private equity firm Leonard Green & Partners LP, said its monthly subscription program grew by about 247,000 members in 2020 despite the COVID-19 pandemic.\nBofA Securities, Morgan Stanley, Goldman Sachs and Jefferies are the lead underwriters for the offering.","news_type":1,"symbols_score_info":{"00699":1}},"isVote":1,"tweetType":1,"viewCount":2457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161229306,"gmtCreate":1623929808405,"gmtModify":1703823748568,"author":{"id":"3573231736491866","authorId":"3573231736491866","name":"Eunice_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573231736491866","idStr":"3573231736491866"},"themes":[],"title":"","htmlText":"t","listText":"t","text":"t","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161229306","repostId":"1160003162","repostType":4,"repost":{"id":"1160003162","kind":"news","pubTimestamp":1623929570,"share":"https://ttm.financial/m/news/1160003162?lang=en_US&edition=fundamental","pubTime":"2021-06-17 19:32","market":"sh","language":"en","title":"Breaking ranks, Norway signals 4 rate hikes by mid-2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1160003162","media":"Reuters","summary":"* Norges Bank holds base rate at 0%\n* But govenor signals hikes in each of next four quarters\n* Like","content":"<p>* Norges Bank holds base rate at 0%</p>\n<p>* But govenor signals hikes in each of next four quarters</p>\n<p>* Likely to be first G10 central bank to hike rates</p>\n<p>* By contrast, no change to ultra-loose outlook for SNB</p>\n<p>* U.S. Fed opened door to post-COVID policy era on Weds (Releads with news conference)</p>\n<p>OSLO, June 17 (Reuters) - Norway’s central bank said on Thursday it expected to raise interest rates four times by mid-2022 as the economy shakes off the effects of COVID-19, breaking ranks with the still ultra-loose policy outlook of counterparts in other developed nations.</p>\n<p>A day after the Federal Reserve signalled U.S rates would probably rise from 2023 rather than 2024, Norges Bank’s monetary policy committee kept its key rate unchanged at a record low 0.0% but said a hike was likely in September and others soon after.</p>\n<p>“Given the rate path we see now, rates will be raised by 0.25% in (each of) the next four quarters,” Governor Oeystein Olsen told a news conference.</p>\n<p>Announced delays in vaccine deliveries to Norway in the third quarter did not “shift the big picture” on the economic recovery, he added in an interview with Reuters.</p>\n<p>With many of the world’s central banks laying the groundwork for a post-pandemic transition to life with less stimulus, the Fed on Wednesday also opened talks on how to end its crisis-era bond-buying.</p>\n<p>Norges Bank looks set to be be the first of the G10 group of developed economies’ central banks to raise the cost of borrowing, however, having previously signalled a hike this year.</p>\n<p>Economists polled by Reuters had been almost evenly split over whether it that would happen in September or December.</p>\n<p>But few had predicted two hikes by year-end.</p>\n<p>In stark contrast, the Swiss National Bank on Thursday signalled monetary policy would stay ultra-loose for the foreseeable future, saying projected higher inflation was no reason to change course and citing a highly valued Swiss franc.</p>\n<p>REAL ESTATE BOOM</p>\n<p>Norway’s currency, the crown, firmed to trade at 10.12 against the euro from 10.15 just before Norges Bank’s policy announcement. It then fell back to 10.21.</p>\n<p>“In the light of today’s hawkish message from Norges Bank, we will revise our policy rate forecast upward,” economists at Handelsbanken wrote.</p>\n<p>The central bank said the monetary policy committee’s revised forecasts implied a slightly faster series of rate rises towards 2024 than in previous predictions issued in March.</p>\n<p>Part of the reason behind the accelerated timetable is a rapidly recovering economy.</p>\n<p>Norges Bank on Thursday held its forecast for GDP growth of 3.8% in 2021, but raised its prediction for next year to 4.1% from 3.4%.</p>\n<p>Another factor is house price inflation, which has gathered pace since Norway cut rates three times last year to combat the impact of COVID-19, contributing to a property boom as borrowers took advantage of cheap credit.</p>\n<p>While core inflation was expected to ease to 1.7% this year from 3.0% last year, below the central bank’s 2% goal, it forecast house prices would rise by 9.2% in 2021 after expanding by 4.5% in 2020.</p>\n<p>In a related statement on Thursday, Norway’s finance ministry said it would force banks to hold more supplementary buffer capital, 1.5% of its balance sheet instead of 1%, boosting the system’s solidity while making less capital available for lending.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Breaking ranks, Norway signals 4 rate hikes by mid-2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBreaking ranks, Norway signals 4 rate hikes by mid-2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/norway-economy-rates/update-4-breaking-ranks-norway-signals-4-rate-hikes-by-mid-2022-idUSL5N2NZ1VI><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* Norges Bank holds base rate at 0%\n* But govenor signals hikes in each of next four quarters\n* Likely to be first G10 central bank to hike rates\n* By contrast, no change to ultra-loose outlook for ...</p>\n\n<a href=\"https://www.reuters.com/article/norway-economy-rates/update-4-breaking-ranks-norway-signals-4-rate-hikes-by-mid-2022-idUSL5N2NZ1VI\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/norway-economy-rates/update-4-breaking-ranks-norway-signals-4-rate-hikes-by-mid-2022-idUSL5N2NZ1VI","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160003162","content_text":"* Norges Bank holds base rate at 0%\n* But govenor signals hikes in each of next four quarters\n* Likely to be first G10 central bank to hike rates\n* By contrast, no change to ultra-loose outlook for SNB\n* U.S. Fed opened door to post-COVID policy era on Weds (Releads with news conference)\nOSLO, June 17 (Reuters) - Norway’s central bank said on Thursday it expected to raise interest rates four times by mid-2022 as the economy shakes off the effects of COVID-19, breaking ranks with the still ultra-loose policy outlook of counterparts in other developed nations.\nA day after the Federal Reserve signalled U.S rates would probably rise from 2023 rather than 2024, Norges Bank’s monetary policy committee kept its key rate unchanged at a record low 0.0% but said a hike was likely in September and others soon after.\n“Given the rate path we see now, rates will be raised by 0.25% in (each of) the next four quarters,” Governor Oeystein Olsen told a news conference.\nAnnounced delays in vaccine deliveries to Norway in the third quarter did not “shift the big picture” on the economic recovery, he added in an interview with Reuters.\nWith many of the world’s central banks laying the groundwork for a post-pandemic transition to life with less stimulus, the Fed on Wednesday also opened talks on how to end its crisis-era bond-buying.\nNorges Bank looks set to be be the first of the G10 group of developed economies’ central banks to raise the cost of borrowing, however, having previously signalled a hike this year.\nEconomists polled by Reuters had been almost evenly split over whether it that would happen in September or December.\nBut few had predicted two hikes by year-end.\nIn stark contrast, the Swiss National Bank on Thursday signalled monetary policy would stay ultra-loose for the foreseeable future, saying projected higher inflation was no reason to change course and citing a highly valued Swiss franc.\nREAL ESTATE BOOM\nNorway’s currency, the crown, firmed to trade at 10.12 against the euro from 10.15 just before Norges Bank’s policy announcement. It then fell back to 10.21.\n“In the light of today’s hawkish message from Norges Bank, we will revise our policy rate forecast upward,” economists at Handelsbanken wrote.\nThe central bank said the monetary policy committee’s revised forecasts implied a slightly faster series of rate rises towards 2024 than in previous predictions issued in March.\nPart of the reason behind the accelerated timetable is a rapidly recovering economy.\nNorges Bank on Thursday held its forecast for GDP growth of 3.8% in 2021, but raised its prediction for next year to 4.1% from 3.4%.\nAnother factor is house price inflation, which has gathered pace since Norway cut rates three times last year to combat the impact of COVID-19, contributing to a property boom as borrowers took advantage of cheap credit.\nWhile core inflation was expected to ease to 1.7% this year from 3.0% last year, below the central bank’s 2% goal, it forecast house prices would rise by 9.2% in 2021 after expanding by 4.5% in 2020.\nIn a related statement on Thursday, Norway’s finance ministry said it would force banks to hold more supplementary buffer capital, 1.5% of its balance sheet instead of 1%, boosting the system’s solidity while making less capital available for lending.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2862,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161229700,"gmtCreate":1623929872000,"gmtModify":1703823749534,"author":{"id":"3573231736491866","authorId":"3573231736491866","name":"Eunice_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573231736491866","idStr":"3573231736491866"},"themes":[],"title":"","htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161229700","repostId":"2144748296","repostType":4,"isVote":1,"tweetType":1,"viewCount":2797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161229204,"gmtCreate":1623929844208,"gmtModify":1703823749213,"author":{"id":"3573231736491866","authorId":"3573231736491866","name":"Eunice_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573231736491866","idStr":"3573231736491866"},"themes":[],"title":"","htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161229204","repostId":"2144674345","repostType":4,"repost":{"id":"2144674345","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623927922,"share":"https://ttm.financial/m/news/2144674345?lang=en_US&edition=fundamental","pubTime":"2021-06-17 19:05","market":"us","language":"en","title":"Highlights of the 17-year Airbus, Boeing trade war","url":"https://stock-news.laohu8.com/highlight/detail?id=2144674345","media":"Reuters","summary":"June 17 (Reuters) - The United States and Britain on Thursday announced a five-year truce in a long-","content":"<p>June 17 (Reuters) - The United States and Britain on Thursday announced a five-year truce in a long-running transatlantic battle over aircraft subsidies, mirroring a similar deal reached by Washington and Brussels a day earlier.</p>\n<p>The agreements resolve - at least for now - long-running conflicts over government aid provided to U.S. planemaker Boeing Co and Europe's Airbus , allowing the United States and Europe to focus more countering China, which is rapidly developing its own commercial aircraft industry.</p>\n<p>The World Trade Organization had found the world's two largest planemakers received billions of dollars of subsidies in a pair of cases dating back to 2004, and ultimately allowed both sides to impose billions of dollars in punitive tariffs.</p>\n<p>Here are highlights of the feud that has spawned thousands of pages of rulings, triggered threats of tit-for-tat tariffs on goods from plane parts to whisky and left both sides claiming victory while racking up an estimated $100 million in costs.</p>\n<p>2004</p>\n<p>The U.S. seeks talks with the EU and Airbus host nations Britain, France, Germany and Spain over alleged unfair subsidies via government loans. Washington terminates a 1992 U.S.-EU agreement covering support for Airbus and Boeing . The EU files a complaint on U.S. aid for Boeing.</p>\n<p>2005</p>\n<p>The WTO launches twin probes into public support for Boeing and Airbus after bilateral negotiations fail.</p>\n<p>2006</p>\n<p>Airbus announces a new A350 jetliner for which it will seek further government loans from host nations.</p>\n<p>2009</p>\n<p>The WTO issues an interim ruling that some European aid provided to Airbus violated a ban on export subsidies - a type of aid deemed most harmful and therefore automatically banned.</p>\n<p>2010</p>\n<p>The WTO demands a halt to unfair aid for jets including the Airbus A380 superjumbo. It says some government loans for the jet amount to \"prohibited\" export subsidies. But it rejects a U.S. request to include aid for the newer A350 in the case.</p>\n<p>2011</p>\n<p>The EU loses an appeal and is given until December to comply. However the WTO drops its finding that the A380 loans are in the \"prohibited\" category, softening its earlier ruling.</p>\n<p>A separate WTO panel partially backs the EU in its counter-case alleging $19 billion of support for Boeing from the U.S. government, NASA and various states and municipalities, and rules against aid for Boeing worth at least $5.3 billion.</p>\n<p>2012</p>\n<p>WTO appeal judges broadly uphold the ruling against U.S. support for Boeing. Both sides say they have complied with WTO rulings, while accusing the other side of failing to do so.</p>\n<p>2013</p>\n<p>Boeing announces the twin-engined 777X and agrees to build it in Washington state shortly after the local legislature agrees $8.7 billion in new aerospace industry tax breaks.</p>\n<p>2014</p>\n<p>The EU opens a second front in the trade battle by launching a separate complaint against the 777X tax breaks granted by Washington state and this time chooses a faster, all-or-nothing approach by targeting them purely as \"prohibited\" subsidies - without the usual fallback of a second, softer claim.</p>\n<p>2016</p>\n<p>After a year-long lull in the main dispute, the WTO says the EU failed to comply with its earlier rulings on Airbus. It also agrees for the first time to target aid for the new A350 but rejects U.S. calls to put this in the \"prohibited\" category.</p>\n<p>In November, the WTO rules tax breaks surrounding the development of the Boeing 777X - the subject of the EU's second case - did fall into the more severe \"prohibited\" category.</p>\n<p>2017</p>\n<p>WTO appeal judges reverse that \"prohibited subsidy\" ruling on 777X, bringing an abrupt halt to the EU's second case.</p>\n<p>In the EU's main case, the WTO largely clears the United States of maintaining unfair support for Boeing but says it has failed to withdraw the earlier Washington state tax breaks. The EU appeals unsuccessfully.</p>\n<p>2018</p>\n<p>In May, the WTO again rules that the EU has failed to halt all subsidies to Airbus. The United States threatens sanctions on billions of dollars of European products. Both sides enter arbitration to determine the scope of tariffs.</p>\n<p>2019</p>\n<p>In March, the WTO says the United States has again failed to halt subsidized tax breaks to Boeing in Washington state.</p>\n<p>The two sides disagree widely in public over the amount of subsidy faulted by the WTO.</p>\n<p>Both sides accuse the other of refusing to negotiate any settlement and unveil lists of billions of dollars of proposed tariffs on each others' goods.</p>\n<p>WTO arbitrators award the U.S. the right to impose tariffs on $7.5 billion of annual EU imports. In October, Washington imposes 10% tariffs on most Airbus jets and 25% duties on products&nbsp;ranging from cheese to olives and single-malt whisky.</p>\n<p>In December, the WTO rejects EU claims that it no longer provides subsidies, prompting Washington to warn of tariffs on a wider range of European goods.</p>\n<p>2020</p>\n<p>The United States announces an increase in tariffs on aircraft imported from the EU to 15% from 10%.</p>\n<p>In March, the Washington state legislature votes to remove a contested aerospace tax break that had benefited Boeing.</p>\n<p>In October, following delays due to the coronavirus crisis, the WTO grants Brussels permission to impose tariffs on $4 billion of U.S. goods over subsidies for Boeing.</p>\n<p>The European Commission offers to pull back from imposing tariffs if Washington withdraws its existing tariffs.</p>\n<p>But the U.S. Trade Representative's office says Brussels has \"no legal basis\" to impose the tariffs since a tax break provided by Washington State to Boeing has been repealed.</p>\n<p>Britain, no longer part of the EU but still a large player in the dispute, decides to suspend tariffs on Boeing jets and other U.S. goods to create goodwill for separate agreement with Washington. Both the EU and U.S. snub the offer.</p>\n<p>U.S. Trade Representative Robert Lighthizer says U.S. and Europe should cooperate in opposing future subsidies used by China to build its commercial aircraft industry.</p>\n<p>U.S. increases tariffs on certain EU products, including aircraft parts and non-sparkling wines from France and Germany.</p>\n<p>2021</p>\n<p>In March, Britain and the United States agree to suspend tariffs to allow serious negotiations to proceed.</p>\n<p>Brussels and Washington follow suit, suspending tariffs related to the aircraft dispute for four months through July 10.</p>\n<p>At a June summit, U.S. and EU leaders hail an agreement to resolve the dispute. It involves extending the tariff suspension for five years while pledging to tackle aerospace funding by \"non-market actors\" such as their new rival China.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> days later, Britain and the United States reach a similar deal, ensuring that retaliatory tariffs remain suspended.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Highlights of the 17-year Airbus, Boeing trade war</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHighlights of the 17-year Airbus, Boeing trade war\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 19:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - The United States and Britain on Thursday announced a five-year truce in a long-running transatlantic battle over aircraft subsidies, mirroring a similar deal reached by Washington and Brussels a day earlier.</p>\n<p>The agreements resolve - at least for now - long-running conflicts over government aid provided to U.S. planemaker Boeing Co and Europe's Airbus , allowing the United States and Europe to focus more countering China, which is rapidly developing its own commercial aircraft industry.</p>\n<p>The World Trade Organization had found the world's two largest planemakers received billions of dollars of subsidies in a pair of cases dating back to 2004, and ultimately allowed both sides to impose billions of dollars in punitive tariffs.</p>\n<p>Here are highlights of the feud that has spawned thousands of pages of rulings, triggered threats of tit-for-tat tariffs on goods from plane parts to whisky and left both sides claiming victory while racking up an estimated $100 million in costs.</p>\n<p>2004</p>\n<p>The U.S. seeks talks with the EU and Airbus host nations Britain, France, Germany and Spain over alleged unfair subsidies via government loans. Washington terminates a 1992 U.S.-EU agreement covering support for Airbus and Boeing . The EU files a complaint on U.S. aid for Boeing.</p>\n<p>2005</p>\n<p>The WTO launches twin probes into public support for Boeing and Airbus after bilateral negotiations fail.</p>\n<p>2006</p>\n<p>Airbus announces a new A350 jetliner for which it will seek further government loans from host nations.</p>\n<p>2009</p>\n<p>The WTO issues an interim ruling that some European aid provided to Airbus violated a ban on export subsidies - a type of aid deemed most harmful and therefore automatically banned.</p>\n<p>2010</p>\n<p>The WTO demands a halt to unfair aid for jets including the Airbus A380 superjumbo. It says some government loans for the jet amount to \"prohibited\" export subsidies. But it rejects a U.S. request to include aid for the newer A350 in the case.</p>\n<p>2011</p>\n<p>The EU loses an appeal and is given until December to comply. However the WTO drops its finding that the A380 loans are in the \"prohibited\" category, softening its earlier ruling.</p>\n<p>A separate WTO panel partially backs the EU in its counter-case alleging $19 billion of support for Boeing from the U.S. government, NASA and various states and municipalities, and rules against aid for Boeing worth at least $5.3 billion.</p>\n<p>2012</p>\n<p>WTO appeal judges broadly uphold the ruling against U.S. support for Boeing. Both sides say they have complied with WTO rulings, while accusing the other side of failing to do so.</p>\n<p>2013</p>\n<p>Boeing announces the twin-engined 777X and agrees to build it in Washington state shortly after the local legislature agrees $8.7 billion in new aerospace industry tax breaks.</p>\n<p>2014</p>\n<p>The EU opens a second front in the trade battle by launching a separate complaint against the 777X tax breaks granted by Washington state and this time chooses a faster, all-or-nothing approach by targeting them purely as \"prohibited\" subsidies - without the usual fallback of a second, softer claim.</p>\n<p>2016</p>\n<p>After a year-long lull in the main dispute, the WTO says the EU failed to comply with its earlier rulings on Airbus. It also agrees for the first time to target aid for the new A350 but rejects U.S. calls to put this in the \"prohibited\" category.</p>\n<p>In November, the WTO rules tax breaks surrounding the development of the Boeing 777X - the subject of the EU's second case - did fall into the more severe \"prohibited\" category.</p>\n<p>2017</p>\n<p>WTO appeal judges reverse that \"prohibited subsidy\" ruling on 777X, bringing an abrupt halt to the EU's second case.</p>\n<p>In the EU's main case, the WTO largely clears the United States of maintaining unfair support for Boeing but says it has failed to withdraw the earlier Washington state tax breaks. The EU appeals unsuccessfully.</p>\n<p>2018</p>\n<p>In May, the WTO again rules that the EU has failed to halt all subsidies to Airbus. The United States threatens sanctions on billions of dollars of European products. Both sides enter arbitration to determine the scope of tariffs.</p>\n<p>2019</p>\n<p>In March, the WTO says the United States has again failed to halt subsidized tax breaks to Boeing in Washington state.</p>\n<p>The two sides disagree widely in public over the amount of subsidy faulted by the WTO.</p>\n<p>Both sides accuse the other of refusing to negotiate any settlement and unveil lists of billions of dollars of proposed tariffs on each others' goods.</p>\n<p>WTO arbitrators award the U.S. the right to impose tariffs on $7.5 billion of annual EU imports. In October, Washington imposes 10% tariffs on most Airbus jets and 25% duties on products&nbsp;ranging from cheese to olives and single-malt whisky.</p>\n<p>In December, the WTO rejects EU claims that it no longer provides subsidies, prompting Washington to warn of tariffs on a wider range of European goods.</p>\n<p>2020</p>\n<p>The United States announces an increase in tariffs on aircraft imported from the EU to 15% from 10%.</p>\n<p>In March, the Washington state legislature votes to remove a contested aerospace tax break that had benefited Boeing.</p>\n<p>In October, following delays due to the coronavirus crisis, the WTO grants Brussels permission to impose tariffs on $4 billion of U.S. goods over subsidies for Boeing.</p>\n<p>The European Commission offers to pull back from imposing tariffs if Washington withdraws its existing tariffs.</p>\n<p>But the U.S. Trade Representative's office says Brussels has \"no legal basis\" to impose the tariffs since a tax break provided by Washington State to Boeing has been repealed.</p>\n<p>Britain, no longer part of the EU but still a large player in the dispute, decides to suspend tariffs on Boeing jets and other U.S. goods to create goodwill for separate agreement with Washington. Both the EU and U.S. snub the offer.</p>\n<p>U.S. Trade Representative Robert Lighthizer says U.S. and Europe should cooperate in opposing future subsidies used by China to build its commercial aircraft industry.</p>\n<p>U.S. increases tariffs on certain EU products, including aircraft parts and non-sparkling wines from France and Germany.</p>\n<p>2021</p>\n<p>In March, Britain and the United States agree to suspend tariffs to allow serious negotiations to proceed.</p>\n<p>Brussels and Washington follow suit, suspending tariffs related to the aircraft dispute for four months through July 10.</p>\n<p>At a June summit, U.S. and EU leaders hail an agreement to resolve the dispute. It involves extending the tariff suspension for five years while pledging to tackle aerospace funding by \"non-market actors\" such as their new rival China.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> days later, Britain and the United States reach a similar deal, ensuring that retaliatory tariffs remain suspended.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144674345","content_text":"June 17 (Reuters) - The United States and Britain on Thursday announced a five-year truce in a long-running transatlantic battle over aircraft subsidies, mirroring a similar deal reached by Washington and Brussels a day earlier.\nThe agreements resolve - at least for now - long-running conflicts over government aid provided to U.S. planemaker Boeing Co and Europe's Airbus , allowing the United States and Europe to focus more countering China, which is rapidly developing its own commercial aircraft industry.\nThe World Trade Organization had found the world's two largest planemakers received billions of dollars of subsidies in a pair of cases dating back to 2004, and ultimately allowed both sides to impose billions of dollars in punitive tariffs.\nHere are highlights of the feud that has spawned thousands of pages of rulings, triggered threats of tit-for-tat tariffs on goods from plane parts to whisky and left both sides claiming victory while racking up an estimated $100 million in costs.\n2004\nThe U.S. seeks talks with the EU and Airbus host nations Britain, France, Germany and Spain over alleged unfair subsidies via government loans. Washington terminates a 1992 U.S.-EU agreement covering support for Airbus and Boeing . The EU files a complaint on U.S. aid for Boeing.\n2005\nThe WTO launches twin probes into public support for Boeing and Airbus after bilateral negotiations fail.\n2006\nAirbus announces a new A350 jetliner for which it will seek further government loans from host nations.\n2009\nThe WTO issues an interim ruling that some European aid provided to Airbus violated a ban on export subsidies - a type of aid deemed most harmful and therefore automatically banned.\n2010\nThe WTO demands a halt to unfair aid for jets including the Airbus A380 superjumbo. It says some government loans for the jet amount to \"prohibited\" export subsidies. But it rejects a U.S. request to include aid for the newer A350 in the case.\n2011\nThe EU loses an appeal and is given until December to comply. However the WTO drops its finding that the A380 loans are in the \"prohibited\" category, softening its earlier ruling.\nA separate WTO panel partially backs the EU in its counter-case alleging $19 billion of support for Boeing from the U.S. government, NASA and various states and municipalities, and rules against aid for Boeing worth at least $5.3 billion.\n2012\nWTO appeal judges broadly uphold the ruling against U.S. support for Boeing. Both sides say they have complied with WTO rulings, while accusing the other side of failing to do so.\n2013\nBoeing announces the twin-engined 777X and agrees to build it in Washington state shortly after the local legislature agrees $8.7 billion in new aerospace industry tax breaks.\n2014\nThe EU opens a second front in the trade battle by launching a separate complaint against the 777X tax breaks granted by Washington state and this time chooses a faster, all-or-nothing approach by targeting them purely as \"prohibited\" subsidies - without the usual fallback of a second, softer claim.\n2016\nAfter a year-long lull in the main dispute, the WTO says the EU failed to comply with its earlier rulings on Airbus. It also agrees for the first time to target aid for the new A350 but rejects U.S. calls to put this in the \"prohibited\" category.\nIn November, the WTO rules tax breaks surrounding the development of the Boeing 777X - the subject of the EU's second case - did fall into the more severe \"prohibited\" category.\n2017\nWTO appeal judges reverse that \"prohibited subsidy\" ruling on 777X, bringing an abrupt halt to the EU's second case.\nIn the EU's main case, the WTO largely clears the United States of maintaining unfair support for Boeing but says it has failed to withdraw the earlier Washington state tax breaks. The EU appeals unsuccessfully.\n2018\nIn May, the WTO again rules that the EU has failed to halt all subsidies to Airbus. The United States threatens sanctions on billions of dollars of European products. Both sides enter arbitration to determine the scope of tariffs.\n2019\nIn March, the WTO says the United States has again failed to halt subsidized tax breaks to Boeing in Washington state.\nThe two sides disagree widely in public over the amount of subsidy faulted by the WTO.\nBoth sides accuse the other of refusing to negotiate any settlement and unveil lists of billions of dollars of proposed tariffs on each others' goods.\nWTO arbitrators award the U.S. the right to impose tariffs on $7.5 billion of annual EU imports. In October, Washington imposes 10% tariffs on most Airbus jets and 25% duties on products ranging from cheese to olives and single-malt whisky.\nIn December, the WTO rejects EU claims that it no longer provides subsidies, prompting Washington to warn of tariffs on a wider range of European goods.\n2020\nThe United States announces an increase in tariffs on aircraft imported from the EU to 15% from 10%.\nIn March, the Washington state legislature votes to remove a contested aerospace tax break that had benefited Boeing.\nIn October, following delays due to the coronavirus crisis, the WTO grants Brussels permission to impose tariffs on $4 billion of U.S. goods over subsidies for Boeing.\nThe European Commission offers to pull back from imposing tariffs if Washington withdraws its existing tariffs.\nBut the U.S. Trade Representative's office says Brussels has \"no legal basis\" to impose the tariffs since a tax break provided by Washington State to Boeing has been repealed.\nBritain, no longer part of the EU but still a large player in the dispute, decides to suspend tariffs on Boeing jets and other U.S. goods to create goodwill for separate agreement with Washington. Both the EU and U.S. snub the offer.\nU.S. Trade Representative Robert Lighthizer says U.S. and Europe should cooperate in opposing future subsidies used by China to build its commercial aircraft industry.\nU.S. increases tariffs on certain EU products, including aircraft parts and non-sparkling wines from France and Germany.\n2021\nIn March, Britain and the United States agree to suspend tariffs to allow serious negotiations to proceed.\nBrussels and Washington follow suit, suspending tariffs related to the aircraft dispute for four months through July 10.\nAt a June summit, U.S. and EU leaders hail an agreement to resolve the dispute. It involves extending the tariff suspension for five years while pledging to tackle aerospace funding by \"non-market actors\" such as their new rival China.\nTwo days later, Britain and the United States reach a similar deal, ensuring that retaliatory tariffs remain suspended.","news_type":1,"symbols_score_info":{"0KVV.UK":0.9,"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161223149,"gmtCreate":1623929888781,"gmtModify":1703823750181,"author":{"id":"3573231736491866","authorId":"3573231736491866","name":"Eunice_Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573231736491866","idStr":"3573231736491866"},"themes":[],"title":"","htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161223149","repostId":"2143979397","repostType":4,"isVote":1,"tweetType":1,"viewCount":2315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}