US and European Union Agree to End Boeing and Airbus dispute – The United States and the European Union have agreed to end a dispute over subsidies to aircraft manufacturers Boeing and Airbus and remove billions of dollars in tariff barriers.
European Commission President Ursula Von Der Leyen said the European Union and the United States were opening a new chapter after nearly 20 years of strife.
The two sides will also work together to analyze and address non-market practices from third parties that could harm the aviation sector in trade disputes between the United States and the European Union.
It has become increasingly tapered under the Trump administration, the United States imposed tariffs of up to US$7.5 billion on European exports in 2022.
After double N decided that the EU did not comply with the decision on subsidies for airbrushes based in France.
Last November the European Union retaliated with duties of up to $4 billion after a weto ruled that the United States had illegally provided subsidies to Seattle-based Boeing.
Under the leadership of By Den, both parties agreed to suspend tariffs for four months starting July 11, 2022.
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