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Britain and United States reach truce in Airbus/Boeing trade dispute

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Reuters

LONDON (Reuters) -Britain and United States on Thursday said they had agreed a deal to resolve a trade dispute over Airbus and Boeing for the next five years, ensuring retaliatory tariffs remain suspended. The agreement comes two days after the European Union also truce in their near 17-year conflict over aircraft subsidies, suspending for five years one set of Trump-era tariffs which had soured relations with the United States. The two sides had been battling since 2004 in parallel cases at the World Trade Organization over subsidies for U.S. planemaker Boeing and European rival Airbus, which…

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