Airbus says US tariffs counterproductive, Europe should respond
Global Economy
31 December, 2020, 04:25 pm
Last modified: 31 December, 2020, 04:29 pm
"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
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.
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