US official warns EU Airbus loan puts trade deal at risk

A US-EU tariff truce could be at risk after the European Investment Bank approved 3 billion euros ($3.4 billion) in financing for Airbus to support research and development. US Trade Representative Jamieson Greer criticised the loan, calling for greater clarity and a swift resolution. The dispute revives longstanding tensions over alleged subsidies to aircraft manufacturers Boeing and Airbus.