JOURNAL ARTICLE

EU to Protect Airbus in US Trade Deal as Ferrari to Lose Out.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Valero, Jorge; Kammel, Benedikt; Nicola, Stefan 3 of 3

Abstract

The article discusses the European Union's ongoing negotiations with the United States to secure a trade deal that aims to protect key industries from impending tariffs set to take effect on August 1. The European Commission is reportedly close to a preliminary agreement that would exempt commercial aircraft, benefiting Airbus SE, and provide relief to certain German car manufacturers like BMW AG and Mercedes-Benz Group AG. However, companies without US factories, such as Ferrari NV, may not receive similar benefits. The negotiations are critical as the EU seeks to mitigate the impact of tariffs that could significantly affect its exports, particularly in the automotive and aviation sectors, while also addressing the economic interests of its member states. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/07, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:186509164
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