Here we go, the first fall-out of the Airbus-Boeing trade Interim Report. Brazil (Embraer) complained to the European Union about launch aid by Canada to Bombardier for the CSeries and asked the EU to force Canada to cancel the package. Predictably, Canada invited Brazil to…do…something.
Here is the story.
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The Brazilians now get their chance to learn that the WTO is a paper tiger, and that trade agreements will only harm them.