EU Hoping To Settle U.S. Plane Dispute

European Union's trade commissioner said he hopes the EU and U.S. can solve a trade dispute over illegal subsidies to aircraft manufacturers Airbus and Boeing.

BRUSSELS (AP) -- The European Union's trade commissioner said Friday that he hopes the EU and the United States can solve a trade dispute over illegal subsidies to aircraft manufacturers Airbus and Boeing.

Karel De Gucht told reporters that he wanted a "negotiated settlement" to avoid "mutual retaliation."

"That's not what we want. We want to make the environment for business good," he said after talks with the United States' trade representative Ron Kirk.

The World Trade Organization earlier this week backed a U.S. complaint over EU subsidies for Airbus and is expected to rule by the end of June on a parallel European complaint over American payments to Boeing.

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