US and EU end dispute over Boeing and Airbus production

According to the US Trade Representative in the rank of minister, Washington wanted to demonstrate leadership among other democracies.

US and EU end dispute over Boeing and Airbus production

According to RIA Novosti, the US and the EU have agreed to settle a trade dispute over the aircraft manufacturers Boeing and Airbus, on which multibillion-dollar reciprocal duties were introduced.

“Today’s announcement that the US and the EU have reached a 5-year agreement over the 16-year Boeing-Airbus dispute serves that purpose. This removes a long-term trade irritant between the US and Europe”, – US Trade Representative Catherine Tai told reporters.

In addition, according to her, the US and the EU have agreed on a joint confrontation with the PRC.

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