LINE

Text:AAAPrint
Economy

U.S. decision to raise tariffs on EU planes 'regrettable': Airbus

1
2020-02-16 02:50:05Ecns.cn Editor : Wang Fan ECNS App Download
File photo shows Southwest Airlines jets at the Louis Armstrong New Orleans International Airport, Jan. 31, 2020. (Photo: China News Service/ Wang Fan)

File photo shows Southwest Airlines jets at the Louis Armstrong New Orleans International Airport, Jan. 31, 2020. (Photo: China News Service/ Wang Fan)

European aircraft producer Airbus said on Saturday that the U.S. government's decision to increase tariffs on aircraft imported from the EU would further escalate trade tensions between the U.S. and the EU.

The decision of the Office of U.S. Trade Representative (USTR) "ignores the many submissions made by U.S. airlines, highlighting the fact that they — and the U.S. flying public — will ultimately have to pay these tariffs", said the European plane maker in a statement.

The USTR issued a notice on Friday, saying the U.S. is increasing the additional duty rate imposed on aircraft imported from the EU to 15 percent from 10 percent, effective from March 18.

This "further escalation complicates efforts to find a negotiated outcome to this dispute," said Airbus. "This is regrettable."

Airbus said it would continue to push for a negotiated settlement to this dispute.

The U.S. and the EU have been battling for 15 years over aircraft subsidies. Each side accused the other of failing to comply with the WTO's rulings and refusing to negotiate any settlement.

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2020 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.