(Reuters) – The European Union’s new trade chief Valdis Dombrovskis has told the U.S. to withdraw tariffs on more than $7 billion of EU products or face additional duties on exports to Europe, as he urged a settlement to the dispute over Airbus SE (PA:) and Boeing Co (N:), the Financial Times reported on Sunday.
Repairing the transatlantic relationship would be EU’s top priority, and the U.S. should withdraw its Airbus-related tariffs as a confidence-building measure, Dombrovskis told https://on.ft.com/2GEqmap the FT.
“Of course, if the US is not withdrawing their tariffs we have no choice but to then introduce our tariffs,” he was quoted as saying.
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