US-EU trade truce at risk over $3.4 billion Airbus loan, Trump… | HappeningNow.news

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US-EU trade truce at risk over $3.4 billion Airbus loan, Trump official warns

US Trade Representative Jamieson Greer warned on Monday that a $3.4 billion European Investment Bank loan to Airbus could jeopardise a tariff truce between Washington and Brussels.

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U.S. Trade Representative Jamieson Greer warned that a €3.4 billion loan from the European Investment Bank to Airbus could threaten the tariff truce between the United States and the European Union. Greer said his office has received no details about the financing, which was announced in June, and called on the EU to resolve the issue promptly. He emphasized that the unresolved loan risks undermining the existing trade agreement.

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