If Clinton Is Aiming At Airbus, Why Is Boeing Wincing?

In a giant hangar near Hamburg, Germany, 3,000 spectators applauded on Mar. 3 as Airbus Industrie unveiled its latest challenger to U.S. dominance of the $40 billion airliner market. Europe's new A321 goes nose-to-nose against Boeing Co.'s 757. But behind the hoopla was bitter grumbling. President Bill Clinton is casting Airbus as the leading villain in world trade. That has made the Europeans madder than a traveler with lost luggage. "The Americans are hypocrites," charges an Airbus official.

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