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US trade representative warns EU’s Airbus loan could put tariff truce at risk
The Financial Times reports Jamieson Greer warned the European Investment Bank’s $3.4 billion loan could violate the 2021 aircraft deal.
TLDR
Greer said the European Investment Bank had not shared details of its $3.4 billion Airbus loan despite requests, the Financial Times reports. He warned the financing could distort the market and violate a 2021 US-EU aircraft deal that ended a 17-year dispute over subsidies to Airbus and Boeing. Airbus called the loan a standard corporate financing facility and said it was willing to share more information with governments.
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