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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.
OriginalUS 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.
OriginalA 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.
OriginalUS trade representative Jamieson Greer also expressed frustration after his office received no details about the US$3.4 billion loan issued in June.
OriginalUS 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.
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Financial Times8h ago
Jamieson Greer says the European Investment Bank’s historic loan to the aerospace group risks ‘violating’ the US-EU aircraft…
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