World2 sources
US-EU Trade Truce Threatened by $3.4B Airbus Loan, Official Warns
- US Trade Representative Jamieson Greer warned that a $3.4 billion European Investment Bank loan to Airbus could jeopardize the US-EU tariff truce.
- Greer stated that his office has not received details about the financing, which was announced in June.
- The official urged the EU to resolve the matter quickly to avoid violating the US-EU aircraft deal.
- The loan risks violating the US-EU aircraft deal, according to Jamieson Greer.
- The European Investment Bank made a historic loan to the aerospace group Airbus in June.