The United States and Europe are edging toward their biggest trade dispute ever—and the United States shouldn't blink. The dispute involves competition between Boeing and Airbus, which has toppled Boeing as the world's largest producer of commercial jets. In 2004, Airbus will deliver about 315 jets compared with Boeing's 285. Some industry analysts expect Airbus to maintain its lead over Boeing until at least 2008. Despite this success, the European Union still supports government subsidies for Airbus. The subsidies must stop, and if the Europeans can't be convinced, Congress should protect Boeing from predatory competition.
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http://www.msnbc.msn.com/id/6652659/site/newsweek/