12/31/2020, 12:32 PM (Source: TeleTrader)
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EU 'regrets' new US sanctions on Airbus

The European Commission stated on Thursday it "regretted" the United States' extended tariffs on certain products and entities from the European Union, including Airbus SE, imposed earlier this week.

The bloc noted it would put further efforts into solving the issue despite Washington's recent action that "disrupts negotiations to find a settlement to aircraft subsidy dispute."

Earlier, French Economy and Finance Minister Bruno Le Maire expressed his belief the two sides could reach a compromise over the sanctions they imposed on each other following a dispute over subsidies to Airbus and the Boeing Company.

Breaking the News / JR