32 minutes agoHISTORY: US and EU agree to end 17-year trade war
Periskopi(5 years ago)
(5 years ago)The US and the EU have agreed to end the 17-year-old trade conflict. Under this deal, both sides will waive taxes for $11.5 billion in goods including wine, right and tractors for five years. These tariffs, imposed by both sides as penalties in the contest that has already been cleared were [...]
Under this deal, both sides will waive taxes for $11.5 billion in goods including wine, right and tractors for five years.
These tariffs, imposed by both sides as penalties in the contest it has already filed, were suspended in March.
In March, the United States had suspended tariffs on the imports of Great Britain, the BBC writes, translates Periscopi.
President Beden has kept summits with EU leaders during the day, where he is trying to mend his spirit after he will meet Russia's president, Vladimir Putin, in Geneva.
Airbus said he was welcoming this deal.
The conflict between the United States and the EU has been on the run over the years, with both sides accusing each other of unfairly supporting aircraft makers.
In 2019 the World Trade Organization decided that the EU had illegally offered support to Aerbous. /Periscope
