Europe Shows “Good Faith” in Airbus Dispute, Takes Step Toward Ending Tariffs

Dear Client: Promising development out of Europe today on the aircraft subsidy dispute (and potentially on the resulting retaliatory tariffs). Today, Europe's Airbus said it is amending French and Spanish government loans by accepting higher interest rates in a "final" bid to settle the dispute, reports Reuters. "With this final move, Airbus considers itself in complete compliance with all WTO rulings," said Airbus. QUICK RECAP. The dispute between the US and the EU over aircraft subsidies has been going on