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The U.S. and EU could break their tariff truce over a record-breaking $3.4 billion Airbus loan and a reignited 17-year dispute between aviation giants

The U.S. and EU could break their tariff truce over a record-breaking $3.4 billion Airbus loan and a reignited 17-year dispute between aviation giants

Photo: Fortune Crypto

The Trump administration is warning Europe that a $3.4 billion loan to Airbus could blow up the truce that ended the longest-running fight in WTO history, and put the broader U.S.-EU trade deal in the line of fire. U.S. Trade Representative (USTR) Jamieson Greer has pressed the EU for more information regarding the $3.4 billion loan its lending arm, the European Investment Bank (EIB), made to Airbus in June, according to a statement Greer released Oct. 26.

Source: Fortune Crypto

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