European Union regrets new US tariffs in Airbus-Boeing spat

Brussels complained that Washington had unilaterally disrupted ongoing talks and said it would seek a solution to the row with the incoming administration, which takes office on January 20

The EU regreted on Thursday the US decision to slap more tariffs on French and German products as part of spat over aircrat manufacturers Airbus and Boeing.

Brussels complained that Washington had “unilaterally” disrupted ongoing talks and said it would seek a solution to the row with the incoming administration, which takes office on January 20.

The European Commission said it, “regrets that the United States has chosen to add further EU products to its retaliation list in the WTO Airbus case on aircrat subsidies.”

“The EU will engage with the new US administration at the earliest possible moment to continue these negotiations and find a lasting solution to the dispute,” it said.

The decision is the latest twist in the 16year trade battle over aircraft subsidies that turned increasingly sour under the protectionist instincts of US President Donald Trump and comes despite hopes for a trade truce following Joe Biden’s election.

The EU was authorized this year by the World Trade Organization (WTO) to levy additional customs duties on American products.