Tariffs Over Airbus and Boeing Dispute to be Lifted by the U.K. Post-Brexit



Rupert Steiner | MarketWatch

In a gesture of goodwill toward the next American administration, the British government said Wednesday that it would lift tariffs on a range of American goods including tractors, ketchup and orange juice at the end of the month when the Brexit transition period ends.

The British government has set out its independent approach to a 16-year trade conflict between the European Union and the U.S. that was triggered by a dispute over public subsidies for rival airplane manufacturers Airbus and Boeing.

It said it would suspend retaliatory tariffs resulting from the Boeing dispute in what it described as “an effort to bring the U.S. towards a reasonable settlement and show that the U.K. is serious about reaching a negotiated outcome.”

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