German Economy Minister Peter Altmaier is set to meet US Trade Representative Robert Lighthizer to discussion resolution to the Boeing-Airbus dispute. He would be open to eliminating all government subsidies to Airbus, on condition that US would do the same to Boeing.
He said, “I could perfectly go along with … we will no longer provide any subsidies on both sides. Then it is just competition and nothing else.” He added, “it is in the interest of both sides to avoid these tit-for-tit tariffs”, referring to the tariffs between US and EU on the issue.
Altmaier also had a “productive and constructive” meeting with US Treasury Secretary Steven Mnuchin. He noted that “We are in the middle of intensive discussions. For me, the Americans remain partners and friends despite our disagreements.”
