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

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

Stock Markets Dec 31, 2020 05:45AM ET

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

BRUSSELS (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.

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Comments (1)

Silence Dogood Dec 31, 2020 5:56AM ET

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counterproductive for who?

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