US-EU trade truce threatened by $3.4 billion Airbus loan, says trade official
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US Trade Representative Jamieson Greer warned that a $3.4 billion European Investment Bank loan to Airbus could jeopardise the US-EU tariff truce. Greer stated on Monday that his office received no details about the financing announced in June, creating uncertainty in transatlantic aerospace trade, and urged the EU to resolve the matter quickly.
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