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Airbus shares hit by U.S. tariff measures - Metro US

Airbus shares hit by U.S. tariff measures

Airbus logo at the entrance of the Airbus facility in Bouguenais

PARIS (Reuters) – Shares in European planemaker Airbus <AIR.PA> 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 <.FCHI>.

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.

(Reporting by Sudip Kar-Gupta; Editing by Jan Harvey)

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