EU Trade Official Seeks Tariff Suspension to Ease Aircraft Subsidy Dispute

01/15/2021

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Reuters Staff | U.S. News

WASHINGTON (REUTERS) – The European Union hopes to engage quickly with the Biden administration to resolve the long-running Boeing-Airbus subsidy dispute within six months, but wants to see both sides suspend their punitive tariffs, a senior EU trade official said on Friday.

EU Director General for Trade Sabine Weyand told an online event held by the Center for Strategic and International studies that such a suspension would create space for productive negotiations to settle the dispute.

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Reporting by David Lawder, Editing by Franklin Paul