Airbus says US tariffs counterproductive, Europe should respond
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Airbus says US tariffs counterproductive, Europe should respond

Global Economy

Reuters
31 December, 2020, 04:25 pm
Last modified: 31 December, 2020, 04:29 pm

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Airbus says US tariffs counterproductive, Europe should respond

"USTR's expansion of tariffs to include components for aircraft manufactured in the US – by American workers – is counterproductive in every way," a spokesman said

Reuters
31 December, 2020, 04:25 pm
Last modified: 31 December, 2020, 04:29 pm
Logo of Airbus is pictured at the aircraft builder's headquarters of Airbus in Colomiers near Toulouse, France, September 27, 2019/ Reuters
Logo of Airbus is pictured at the aircraft builder's headquarters of Airbus in Colomiers near Toulouse, France, September 27, 2019/ Reuters

The US decision to expand tariffs against the European Union to components for aircraft made in the United States would harm its own workers and consumers and Europe should respond "appropriately", Airbus said on Thursday.

"USTR's expansion of tariffs to include components for aircraft manufactured in the US – by American workers – is counterproductive in every way," a spokesman said in an emailed statement.

"Airbus trusts that Europe will respond appropriately to defend its interests and the interests of all European companies and sectors, including Airbus, targeted by these unwarranted and counterproductive tariffs," the statement continued.

World+Biz

Airbus

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