Airbus 'deeply regrets' US tariff hike from 10% to 15%

The United States is increasing tariffs on Airbus planes imported from Europe to 15 percent, authorities announced, in a move the aerospace giant said on Saturday was "deeply" regrettable. Friday's decision to hike tariffs from March 18 "further escalates trade tensions between the US and the EU," the European aerospace giant said in a statement, adding it creates "more instability for US airlines that are already suffering from a shortage of aircraft." The announcement from the office of the United States Trade Representative (USTR) came just days after President Donald Trump said it was time to talk...