U.S. trade chief encouraged by European ‘signals’ over aircraft subsidies



Reuters Staff | Reuters

WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai said on Wednesday she was encouraged by her conversations with European officials about ending a 16-year dispute over aircraft subsidies, and both sides were serious about reaching an agreement.

Tai said Washington’s decision to suspend tariffs imposed as a result of World Trade Organization rulings – a move matched by the EU and Britain – reflected the “seriousness” of the drive to settle the longstanding row about government aid provided to U.S. planemaker Boeing and Europe’s Airbus.

“Our sense of motivation is being received across the Atlantic,” Tai told an online event hosted by the Financial Times. “I am getting signals back that there’s a serious motivation and intent on the other side. Let’s see what we’re able to accomplish.”

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