The newly introduced US tariffs targeting aircraft parts could backfire on American workers, European aerospace giant Airbus has warned, calling on Brussels to issue an “appropriate” response.
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.
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