US Official Warns EU Airbus Loan Puts Trade Deal at Risk
9 Articles
9 Articles
US trade representative Jamieson Greer warned on Monday that a $3.4 billion loan from the European Investment Bank to Airbus could jeopardize the tariff truce between Washington and Brussels. Greer said his office did not receive details of the financing, announced in June, and urged the EU to resolve this issue quickly, according to France24.
A loan from the European bank to an aircraft manufacturer threatens to destabilize a trade agreement between two economic powers.The US trade official urges to resolve the uncertainty that could affect the transatlantic aerospace sector.
US-EU trade truce at risk over $3.4 billion Airbus loan, Trump official warns
US Trade Representative Jamieson Greer warned on Monday that a $3.4 billion European Investment Bank loan to Airbus could jeopardise a tariff truce between Washington and Brussels. Greer said his office had received no details about the financing, announced in June, and urged the EU to resolve the matter quickly.
The Economic Times
Times of IndiaUS official warns EU Airbus loan puts trade deal at risk
A US-EU tariff truce could be at risk after the European Investment Bank approved 3 billion euros ($3.4 billion) in financing for Airbus to support research and development. US Trade Representative Jamieson Greer criticised the loan, calling for greater clarity and a swift resolution. The dispute revives longstanding tensions over alleged subsidies to aircraft manufacturers Boeing and Airbus.
USTR Greer warns EU that loan to Airbus threatens trade truce on aircraft financing
By David Lawder and David Shepardson WASHINGTON, Oct 26 (Reuters) - US Trade Representative Jamieson Greer warned the European Union on Monday that a record-breaking loan to Airbus from the European Investment Bank threatens a delicate transatlantic t...
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