US Offers Truce in Trade Dispute With EU if Airbus Repays Billions in Aid -Reuters
--The U.S. has offered to settle a long-running dispute with the
EU over aircraft subsidies if plane maker Airbus SE repays European
governments billions of dollars received in aid, Reuters reports,
citing unnamed sources.
--The offer was extended by U.S. Trade Representative Robert
Lighthizer before a World Trade Organization ruling determined that
the EU could impose counter-tariffs on American products over U.S.
subsidies to Boeing Co, according to Reuters.
--The proposal is unlikely to be supported by the EU, Reuters
Full story: https://reut.rs/2GZGO52
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October 15, 2020 07:55 ET (11:55 GMT)
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