Business · Trade · 1 hr ago
US trade official warns Airbus loan could threaten tariff truce
The European Investment Bank announced a record €3 billion loan to Airbus in June to support long-term research, development and innovation.
US Trade Representative Jamieson Greer said the financing could put the Washington-Brussels tariff truce at risk.
Greer said his office had received no details about the loan and urged the EU to resolve the issue quickly.
The dispute reflects a long-running US-EU conflict over government support for Airbus and its US rival Boeing.
In 2021, the sides agreed to suspend tariffs for five years, and those charges have not been restored.
Greer is calling for a quick resolution, but no further action is specified.
US Trade Representative Jamieson Greer warned that an EU loan to Airbus could jeopardise the tariff truce between Washington and Brussels.
The European Investment Bank announced the loan in June to support Airbus’s research and development.
Greer said his office had received no details about the financing and urged the EU to resolve the matter quickly.
The loan was reported as €3 billion by BFM Business and $3.4 billion by France 24.
The 2021 truce suspended tariffs imposed during a dispute over subsidies to Airbus and Boeing.
- Who
- US Trade Representative Jamieson Greer warned about the loan. The European Investment Bank made the loan to Airbus.
- What
- Greer said the financing could jeopardise the US-EU tariff truce. He said his office had received no details about it.
- When
- Greer issued the warning on Monday, October 26, 2026. The loan was announced in June 2026.
- Where
- The loan was made by the European Investment Bank to Airbus. The tariff truce is between the United States and the European Union.
- Why
- Greer was concerned about what he called “distortive” European subsidies to Airbus and said his office had received no details about the loan.
US Trade Representative Jamieson Greer
European Investment Bank
Aspect
US Trade Representative Jamieson Greer
Greer said the loan could jeopardise the tariff truce and expressed concern about European subsidies to Airbus.
European Investment Bank
The EIB said the financing was intended to support Airbus’s long-term research, development and innovation.
Aspect
US Trade Representative Jamieson Greer
Greer said his office had received no details about the loan and urged the EU to resolve the matter quickly.
European Investment Bank
The EIB announced a €3 billion loan in June; the sources report no response to Greer’s concern.
The United States and the EU repeatedly accused each other of unfair practices, mainly involving subsidies to Boeing and Airbus.
Washington and Brussels reached a five-year agreement suspending tariffs imposed during their aircraft subsidy dispute.
The European Investment Bank announced a record loan to Airbus for research and development.
Greer warned that the loan could jeopardise the tariff truce and said his office had received no details about it.
- Loan amount
- €3 billion, reported as $3.4 billion by France 24
- Borrower
- Airbus
- Lender
- European Investment Bank
- Loan purpose
- Research, development and long-term innovation
- Warning
- Jamieson Greer, US Trade Representative
- Tariff truce
- US-EU agreement reached in 2021
3 sources
What people are saying
I sincerely hoped that distortive European subsidies to Airbus were a thing of the past.
no details concerning this loan
This new financing, unprecedented in the history of the EIB, aims to give Airbus not only the capacity but also the flexibility needed to invest in research, development and long-term innovation, in both commercial aviation and security and defence.