News
🚨 🇺🇸 🇪🇺 USTR warns EU Airbus loan may breach the aircraft tariff truce
🚨 🇺🇸 🇪🇺 USTR warns EU Airbus loan may breach the aircraft tariff truce
- 🇺🇸 US Trade Representative Jamieson Greer said a record European Investment Bank loan to Airbus, awarded this summer, threatens the US-EU deal that pauses duties on certain EU imports
- 🇪🇺 That pause rests on a shared commitment to fund large civil aircraft makers on market terms; Greer says the US still has no details of the loan despite repeated requests
FO view: This revives a dormant transatlantic tariff risk just as markets weigh tariff relief with Canada, a mild negative for the euro and European equities rather than a shock, since no duties have been set.
Not investment advice.