Airbus CEO says will ‘continue to advocate for a settlement’ on trade

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Airbus Chief Executive Guillaume Faury said on Thursday he will continue to advocate for a settlement on trade between the United States and Europe and called the imposition of tariffs a “lose-lose game” on both sides of the Atlantic.

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FILE PHOTO: Airbus CEO Guillaume Faury attends a news conference at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 20, 2019. REUTERS/Pascal Rossignol

MONTREAL (Reuters) – Airbus (AIR.PA) Chief Executive Guillaume Faury said on Thursday he will continue to advocate for a settlement on trade between the United States and Europe and called the imposition of tariffs a “lose-lose game” on both sides of the Atlantic.

The United States was granted approval this month to impose tariffs on European Union goods with an annual trade value of around $7.5 billion, over illegal government support for the European planemaker.

Reporting by Allison Lampert, Editing by Rosalba O’Brien


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Airbus Chief Executive Guillaume Faury said on Thursday he will continue to advocate for a settlement on trade between the United States and Europe and called the imposition of tariffs a “lose-lose game” on both sides of the Atlantic.

Source: {authorlink}

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