Boeing tax package ruled illegal by WTO

See a Boeing Dreamliner built in under 2 minutes

The World Trade Organization ruled Monday that Boeing received an illegal subsidy from Washington state to build its new 777X jetliner there, and the U.S. has 90 days to revoke the subsidy.

The ruling was the latest round in the rivalry between plane builders Boeing (BA) and Airbus (EADSF), which both declared the ruling a victory.

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World business news – CNNMoney.com

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