“Airbus did not start this W.T.O. dispute, and we do not wish to continue the harm to the customers and suppliers of the aviation industry and to all other sectors impacted,” Guillaume Faury, the company’s chief executive, said in a statement. to authorize more than $8.5 billion in annual tariffs, while the United States said they should not exceed $412 million. In a statement, Robert E. Lighthizer, the U.S. trade representative, said that the European Union had no valid basis to impose tariffs since Washington had already repealed its tax break, and that the United States would seek more negotiations with Europe. “Any imposition of tariffs based on a measure that has been eliminated is plainly contrary to W.T.O.

Source: New York Times October 13, 2020 14:02 UTC