Economics

EU Seeks to Halt U.S. Tariffs Over Airbus Aid in Last-Gasp Plea

Trade chief Malmstrom urges Washington to negotiate settlement
Letter sent a week before U.S. retaliation set to be triggered

An Airbus A350 XWB passenger aircraft stands on the final assembly line at the Airbus factory in Toulouse, France.Photographer: Balint Porneczi/Bloomberg

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By Jonathan Stearns

October 13, 2019 at 6:17 PM UTC

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The European Union made a last-ditch appeal to the U.S. to refrain from triggering retaliatory tariffs over illegal subsidies to Airbus SE, warning of economic harm to both sides and repeating a call for a negotiated solution.