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A $3.4B European Investment Bank loan to Airbus is threatening the US-EU tariff truce. USTR Greer says Washington got no details and wants it resolved fast, warning about trade-distorting subsidies. T

$3.4 billion Airbus loan dispute threatens US-EU trade truce, Trump official warns.

Context

What happened: US Trade Representative Jamieson Greer warned that a $3.4 billion European Investment Bank loan to Airbus could jeopardise the tariff truce between Washington and Brussels. Key numbers: $3.4 billion loan to Airbus, announced in June. Why it matters: Greer said his office received no details about the financing and urged the EU to resolve the matter quickly. Coverage: 3 outlets in 24h

AIR

$114.17

-1.25%

What changed

US Trade Representative Jamieson Greer warned that a $3.4 billion European Investment Bank loan to Airbus could jeopardise the tariff truce between Washington and Brussels.

Why it matters

Greer said his office received no details about the financing and urged the EU to resolve the matter quickly.

Sources

france24