Bruno Le Maire, Finance Minister of France announced on Thursday that the European Union would be imposing sanctions on U.S. products if Washington would not settle its trade dispute over illegal EEU subsidies to the aviation industry.
Le Maire said in a statement during a meeting of European Union finance ministers in Luxembourg, “The American administration should be aware that if there is no settlement, Europe will not have any other choice but to retaliate and to put on sanctions.”
General Electric aviation plans to cut 25% of workforce amid virus outbreak29.04.2020
France tightens restrictions on non-EU foreign ventures17.03.2020
France sends out 45 billion euro package to help economy after sliding down 1%17.03.2020
Shares slide as Airbus halts operations in France and Spain