Yahoo Finance

Airbus Chief Executive Guillaume Faury has set the stage for a tussle with U.S. airline customers, saying the planemaker won't cover the cost of tariffs for imported aircraft. "We will not, as far as Airbus is concerned, pay tariffs for planes that are going to the U.S.," Faury told reporters after the company announced its first-quarter earnings. Airbus said it is still working through the impact of tariffs, but that its guidance for the full-year was now dependent on how the situation plays out.