The US administration has warned the European Union of a possible collapse of the trade freeze due to a $3.4 billion loan issued to Airbus by the European Investment Bank, Mazel writes. Washington considers this a violation of the 2021 agreements. The renewed dispute over aviation subsidies threatens to reinstate tariffs on more than $100 billion of US goods.

The US administration has warned the European Union of a possible collapse of the trade freeze due to a $3.4 billion loan issued to Airbus by the European Investment Bank, Mazel writes. Washington considers this a violation of the 2021 agreements. The renewed dispute over aviation subsidies threatens to reinstate tariffs on more than $100 billion of US goods.