The European Union could challenge the new U.S.-China trade deal at the World Trade Organization if it determines the agreement violates its trading rights, EU Trade Commissioner Phil Hogan said today.
"We haven't analyzed the document in detail, but we will," Hogan said in response to a question at an event hosted by the Center for Strategic and International Studies. "And if there's a WTO complaints issue, we will of course take a case."
Hogan said he agreed the pact seemed to contain "managed trade" provisions that would favor sales of Boeing aircraft to China at the expense of European aircraft giant Airbus.
"We're not trigger happy about taking cases to the WTO," he said. " I don't want to raise that impression, but we'll stand up for our own economic interests."