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The U.S. and EU could break their tariff truce over a record-breaking $3.4 billion Airbus loan and a reignited 17-year dispute between aviation giants
The Trump administration is warning Europe that a $3.4 billion loan to Airbus could blow up the truce that ended the longest-running fight in WTO history, and put the broader U.S.-EU trade deal in the line of fire. U.S.
AI Summary
The Trump administration warned that a €3.4 billion loan from the European Investment Bank to Airbus could jeopardize the WTO‑based truce that halted tariffs on about $11.5 billion of aerospace goods. U.S. Trade Representative Jamieson Greer said his office has received no details about the loan, which he called the bank’s “largest loan ever,” and cautioned it may breach the 2021 Large Civil Aircraft agreement. He noted that the truce was extended in July after the European Parliament approved a broader 15 % tariff deal, so the dispute over the single loan could threaten both arrangements.
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