Biden trade czar ‘optimistic’ U.S.-EU aircraft subsidy spat to end soon

06/03/2021

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David Lawder, Andrea Shalal | Reuters

U.S. Trade Representative Katherine Tai said she is optimistic that the United States and Europe can settle a longstanding dispute over aircraft subsidies, leaving them free to focus on larger issues, including China’s nascent aircraft industry.

Tai, who is working to reset trade ties with allies across the world after former President Donald Trump’s tariff wars, declined to give any details about her talks with the European Union and Britain on the dispute, but struck an upbeat tone.

“It’s impossible to predict the organic development of any negotiation. But I want to underscore how optimistic I am,” Tai told Reuters in an interview late Wednesday. “We are giving it everything we’ve got. I also feel confident that that is being reciprocated across the table.”

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