--The U.S. has offered to settle a long-running dispute with the EU over aircraft subsidies if plane maker Airbus SE repays European governments billions of dollars received in aid, Reuters reports, citing unnamed sources.

--The offer was extended by U.S. Trade Representative Robert Lighthizer before a World Trade Organization ruling determined that the EU could impose counter-tariffs on American products over U.S. subsidies to Boeing Co, according to Reuters.

--The proposal is unlikely to be supported by the EU, Reuters reports.

 

Full story: https://reut.rs/2GZGO52

 

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(END) Dow Jones Newswires

October 15, 2020 07:55 ET (11:55 GMT)

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