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Time again for Tariffs Washington takes trade sanctions with the e. U. Up a notch over a transatlantic over aviation subsidies. Also on the show beijing makes big promises in brussels equal treatment of chinese and Foreign Companies back home but will china walk the talk. Welcome to business im jenelle and in berlin good to have you with us President Donald Trump has lashed out at europe for subsidizing plane maker airbus saying thats made for unfair competition with the u. S. Is boeing now trump wants to settle the score by launching a new round of tariffs on european products bringing together a decades long dispute and much more recent Trade Tensions. Airbus isnt just an Aerospace Giant its
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For tat so now that the european union might answer and that could provoke u.s. president donald trump and his administration once again and that s where the danger lies so that those two sides will actually start a fight it was the each other and that could. potentially lead to some escalation but who knows maybe the u.s. administration is using this case as leverage show for some other trade talks and still open for example if the u.s. will impose tariffs in the near future. but yes this attack on air of us is also coming at a time where boeing could use a boost hardly a coincidence but it is well if we just look at the facts i mean this dispute dates back to the year two thousand and four as we ve just heard earlier so it s fourteen fifteen years in the making and if we look at boeing in general yes ....