U.S., UK suspend tariffs and seek aircraft row resolution

03/04/2021

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William James, Andrea Shalal | Reuters

LONDON/WASHINGTON (Reuters) – The United States agreed a four-month suspension of retaliatory tariffs imposed on British goods such as Scotch whisky over a long-running aircraft subsidy row, with both sides pledging to use the time to resolve the dispute.

The U.S. administration under former president Donald Trump had imposed tariffs on an array of EU food, wine and spirits, including on Scotch whisky, which the industry says had put its future at risk.

Britain is party to the dispute as a former member of the European Union. Airbus builds wings and other parts in Britain, but assembles its commercial aircraft in the EU.

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