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   The European Commission is close to a provisional trade agreement with the   
   United States that would exempt commercial aviation from certain import   
   duties. Aircraft manufacturer Airbus, in particular, would benefit from this,   
   sources told Bloomberg news agency. Several other major industries, such as   
   the German automotive industry, would also be exempt from the tariffs.   
       
   In response to the news, Airbus's share price has risen by almost 2 percent.   
   It would also be good news for American airlines that have placed large orders   
   for Airbuses, such as Delta Air Lines. While the European aircraft   
   manufacturer builds narrowbody aircraft in the US, widebody aircraft are   
   produced exclusively in Europe. Without a deal, these would become   
   significantly more expensive.   
       
   Details about the provisional trade agreement are not yet available.   
      
   --- DB4 - 20230201   
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