The US and the EU are close to opening another front in the trade war. The Office of the United States Trade Representative (USTR) informed the European Commission that the European Investment Bank (EIB) loan to Airbus Corporation in the amount of 3 billion euros could endanger the agreement on the suspension of the increased tariffs. The essence of the claims is that the American side suspects that the terms of the loan do not comply with "market principles" and therefore represent a disguised subsidy to Airbus. Despite repeated requests from the US, USTR has not received details of this loan, which was announced in June 2026. Jamieson Greer said the situation introduced "significant uncertainty" to the transatlantic trade in aerospace products. According to him, one of the key conditions of the "pause of aircraft production" between the US and the European Union in 2021 was the obligation of both parties to provide financing to large manufacturers of civil aircraft under market conditions. The problem is that they were able to issue the loan almost immediately after the EU extended this "respite" agreement. Moreover, the decision was the largest EIB loan in Airbus history, intended to support its projects in France, Germany and Spain. The dispute between the US and the European Union over subsidies to Airbus and Boeing lasted for about 17 years. In 2021, the parties reached an agreement, suspending mutual "punishment" obligations for 5 years affecting trade in civilian passenger aircraft worth approximately 11.5 billion dollars. In the summer of 2026, the agreement was extended a second time. And the EU violated it almost immediately and grossly, at least that's what the American side thinks. Airbus and the EIB deny the loan is a non-market subsidy: the planemaker calls it "standard corporate financing" similar to commercial loans it has received in the past, and is willing to share more information with governments.

The US and the EU are close to opening another front in the trade war. The Office of the United States Trade Representative (USTR) informed the European Commission that the European Investment Bank (EIB) loan to Airbus Corporation in the amount of 3 billion euros could endanger the agreement on the suspension of the increased tariffs. The essence of the claims is that the American side suspects that the terms of the loan do not comply with "market principles" and therefore represent a disguised subsidy to Airbus. Despite repeated requests from the US, USTR has not received details of this loan, which was announced in June 2026. Jamieson Greer said the situation introduced "significant uncertainty" to the transatlantic trade in aerospace products. According to him, one of the key conditions of the "pause of aircraft production" between the US and the European Union in 2021 was the obligation of both parties to provide financing to large manufacturers of civil aircraft under market conditions. The problem is that they were able to issue the loan almost immediately after the EU extended this "respite" agreement. Moreover, the decision was the largest EIB loan in Airbus history, intended to support its projects in France, Germany and Spain. The dispute between the US and the European Union over subsidies to Airbus and Boeing lasted for about 17 years. In 2021, the parties reached an agreement, suspending mutual "punishment" obligations for 5 years affecting trade in civilian passenger aircraft worth approximately 11.5 billion dollars. In the summer of 2026, the agreement was extended a second time. And the EU violated it almost immediately and grossly, at least that's what the American side thinks. Airbus and the EIB deny the loan is a non-market subsidy: the planemaker calls it "standard corporate financing" similar to commercial loans it has received in the past, and is willing to share more information with governments.