An escalation in the subsidy row involving European planemaker Airbus and U.S. r...
A man walks past an Airbus logo at the Langkawi International Maritime and Aerospace Exhibition in Langkawi, Malaysia March 28, 2019. REUTERS/Feline Lim
President Donald Trump’s threat this week to impose tariffs on $11 billion worth of European Union products, including commercial aircraft, has deepened a long-running trans-Atlantic subsidy dispute. “A clash between Boeing and Airbus would be absurd simply because our two industries are totally intertwined, we depend on each other for a number of components,” Bruno Le Maire said in remarks at the French Institute of Foreign Relations.
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