U.S., EU Agree to Suspend Tariffs in Boeing-Airbus Dispute
- Four-month truce designed to make room for subsidy negotiation
- Agreement follows similar move on Thursday between U.S., U.K.
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The European Union and the U.S. agreed to suspend tariffs on billions of dollars of each other’s products, easing a 17-year transatlantic dispute over illegal aid to the world’s biggest aircraft makers.
President Joe Biden and European Commission President Ursula von der Leyen agreed to the move on a call Friday, the commission said in a statement.