Airbus shares hit by U.S. tariff measures
Airbus shares were down 2.1% at 0705 GMT, making the stock the worst performer on France's benchmark CAC-40 index. On Wednesday, the U.S. government said it would maintain the tariffs on Airbus and other European goods despite moves by the European Union to resolve a 16-year-old dispute over aircraft subsidies.
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Shares in European planemaker Airbus fell on Thursday after the U.S. government said it would maintain 15% tariffs on the company's aircraft and 25% tariffs on other European goods. Airbus shares were down 2.1% at 0705 GMT, making the stock the worst performer on France's benchmark CAC-40 index.
On Wednesday, the U.S. government said it would maintain the tariffs on Airbus and other European goods despite moves by the European Union to resolve a 16-year-old dispute over aircraft subsidies. Airbus said it "profoundly regrets" the U.S. decision to keep tariffs in place on its aircraft.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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