EU trade chief calls on U.S. to drop tariffs in Airbus-Boeing dispute: FT

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FILE PHOTO: EU's anti-fraud package presentation in Brussels
FILE PHOTO: European Commission Vice-President Valdis Dombrovskis addresses the media on EU’s anti-fraud package during a news conference in Brussels, Belgium July 15, 2020. Francisco Seco/Pool via REUTERS/File Photo

October 11, 2020

(Reuters) – The European Union’s new trade chief Valdis Dombrovskis has told the U.S. to withdraw tariffs on more than $7 billion of EU products or face additional duties on exports to Europe, as he urged a settlement to the dispute over Airbus SE <AIR.PA> and Boeing Co <BA.N>, the Financial Times reported on Sunday. 

Repairing the transatlantic relationship would be EU’s top priority, and the U.S. should withdraw its Airbus-related tariffs as a confidence-building measure, Dombrovskis told the FT.

“Of course, if the US is not withdrawing their tariffs we have no choice but to then introduce our tariffs,” he was quoted as saying.

(Reporting by Bhargav Acharya in Bengaluru;Editing by Elaine Hardcastle)

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