By John Smith • 24 July 2020 • 16:31
EU Commissioner Phil Hogan
Credit: Phil Hogan Twitter
THE Trump administration has been on the warpath against EU member states giving supposed ‘subsidies’ to Airbus to the detriment of Boeing and has threatened new sanctions by way of import tariffs.
EU Trade Commissioner Phil Hogan believes that the decision by Airbus to pay higher interest on loans should resolve the situation but has indicated that the European Union is ready to impose its own sanctions if the US does not accept this compromise and reminded America that the EU believes that it subsidises Boeing.
For more UK daily news, Spanish daily news and Global news stories, visit the Euro Weekly News home page.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.
Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.
Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
Your email address will not be published. Required fields are marked *
Download our media pack in either English or Spanish.