What Happened
Aviation Subsidy Truce Faces Test Amid Loan Controversy
A €3 billion loan provided to Airbus by the European Investment Bank has sparked tensions between the US and EU, with the US Trade Representative accusing the EIB of failing to disclose loan details. The loan may violate the 2021 US-EU Large Civil Aircraft cooperation framework, which suspended retaliatory tariffs. Airbus and the EIB claim the loan is an ordinary, market-based corporate loan intended for R&D and innovation. The dispute was first reported by BigGo Finance.