Airbus SE urged EU government in Brussels to issue an ‘appropriate’ response to the newly announced US trade tariffs.
European multinational aerospace giant also warned that new tariffs on aircraft parts could and most likely will backfire on US workers.
The bitter EU-US trade row over aerospace subsidies to plane makers Airbus and Boeing is set to further escalate in 2021, as the US Trade Representative’s office (USTR) unveiled plans to raise duties on French and German wines as well as “aircraft-related parts.” It is not clear when the new tariffs will be introduced, while the rate of the levies has not been revealed so far.
