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AIR - Airbus SE News Story

€98.37 1.6  1.7%

Last Trade - 07/05/21

Sector
Industrials
Size
Large Cap
Market Cap £67.27bn
Enterprise Value £69.59bn
Revenue £43.30bn
Position in Universe 14th / 848

Airbus says U.S. tariffs counterproductive, Europe should respond

Thu 31st December, 2020 10:14am
BRUSSELS, Dec 31 (Reuters) - The U.S. decision to expand
tariffs against the European Union to components for aircraft
made in the United States would harm its own workers and
consumers and Europe should respond "appropriately", Airbus said
on Thursday.
    "USTR's expansion of tariffs to include components for
aircraft manufactured in the U.S. – by American workers – is
counterproductive in every way," a spokesman said in an emailed
statement.
    "Airbus trusts that Europe will respond appropriately to
defend its interests and the interests of all European companies
and sectors, including Airbus, targeted by these unwarranted and
counterproductive tariffs," the statement continued.

 (Reporting by Philip Blenkinsop)
 ((philip.blenkinsop@thomsonreuters.com; +32 2 585 2869; Reuters
Messaging: philip.blenkinsop.thomsonreuters.com@reuters.net))
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