Friday 21 February 2020
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todayonline - 7 days ago

Airbus says higher U.S. tariffs on EU planes will harm U.S. airlines, consumers

WASHINGTON - The U.S. government s decision to raise tariffs on European-built aircraft will hit U.S. airlines already facing a shortage of aircraft and complicate efforts to reach a negotiated settlement with the European Union, Airbus lt;AIR.PA gt; said. The European planemaker said it would continue discussions with its U.S. customers to mitigate effects of tariffs insofar as possible and hoped the U.S. Trade Representative s office would change its position. USTR s decision ignores the many submissions made by U.S. airlines, highlighting the fact that they – and the U.S. flying public – ultimately have to pay these tariffs, the company said in a statement. REUTERS


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