Britain and U.S. Reach Truce in Aircraft Trade Dispute Britai | Read Less - Know All

Britain and U.S. Reach Truce in Aircraft Trade Dispute

Britain and United States agreed on Thursday to resolve a long-running trade dispute over Airbus (AIR.PA) and Boeing (BA.N) and turn their attention to tackling Chinese subsidies, echoing a five-year tariff truce announced by Washington and Brussels. Together, the matching deals draw a line under 17 years of battles at the World Trade Organization over aid for the world’s largest planemakers and establish a common front against “non-market” funding, in a reference to China’s rising aerospace sector.



Source
@ReadLessKnowAll