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Brussels trade boss Valdis Dombrovskis wants to extend the four-month period agreed last month to send a signal to Washington that eurocrats are ready to compromise to end the 16-year-old dispute over aircraft subsidies. He told the Der Spiegel news magazine: “We have proposed suspending all mutual tariffs for six months in order to reach a negotiated solution. This would create a necessary breathing space for industries and workers on both sides of the Atlantic.”<\/p>\n
Last month, Brussels and Washington agreed to suspend all US tariffs on £5.4 billion of EU imports and EU levies on £2.9 billion US products until July.<\/p>\n
The trade tariffs were imposed as part of the long-running World Trade Organisation spat over subsidies for aircraft manufacturers Airbus and Boeing.<\/p>\n
Washington has imposed tariffs on European products, such as wine, cheese and olive oil, as well as a 15-percent levy on Airbus.<\/p>\n
In retaliation, Brussels imposed additional duties on traditional American products like bourbon whiskey, Levi Jeans, tobacco products and Boeing.<\/p>\n
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But there are still no signs US President Joe Biden is willing to make a move to end the row for good.<\/p>\n
He has adopted a “Buy American” policy to ensure public contracts are handed exclusively to American firms.<\/p>\n
Mr Dombrovskis revealed Brussels is watching the US laws closely to ensure free-trade rules are respected.<\/p>\n
“Our goal is to push for procurement markets that are as open as possible all over the world.”<\/p>\n
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Brussels is keen to reset trade relations with Washington after Donald Trump operated an anti-EU policy.<\/p>\n
The former president repeatedly clashed with top eurocrats and national governments over tax, trade and defence spending.<\/p>\n
President Biden last month said the “transatlantic alliance is back” in a speech to EU leaders.<\/p>\n
But he appears to be more focused on countering authoritarian powers, like China, before moving on to settle EU-US differences over trade.<\/p>\n
MUST READ: EU official throws tantrum over vaccine contracts: ‘UK has worst terms<\/span><\/span><\/strong><\/p>\n Brussels infuriated the White House’s top team by brokering an investment deal with Beijing weeks before President Biden took office.<\/p>\n It was the first time an American leader had held talks with EU leaders together since Barack Obama in 2009.<\/p>\n The EU is planning to put a lot of effort into resetting transatlantic relations in the coming months.<\/p>\n![](\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/139\/590x\/secondary\/Valdis-Dombrovskis-2998247.jpg?r=1618224636008\")
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