{"id":116472,"date":"2021-06-15T13:31:37","date_gmt":"2021-06-15T13:31:37","guid":{"rendered":"https:\/\/fin2me.com\/?p=116472"},"modified":"2021-06-15T13:31:37","modified_gmt":"2021-06-15T13:31:37","slug":"airbus-boeing-end-us-eu-trade-dispute","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/airbus-boeing-end-us-eu-trade-dispute\/","title":{"rendered":"Airbus-Boeing end US-EU trade dispute"},"content":{"rendered":"

Fox Business Flash top headlines for June 15<\/h2>\n

Check out what’s clicking on FoxBusiness.com.\n<\/p>\n

The United States and the European Union reached a deal Tuesday to end a damaging dispute over subsidies to rival plane makers Boeing and Airbus and phase out billions of dollars in punitive tariffs, the U.S. trade envoy said.<\/p>\n\n\n\n\n\n\n
Ticker<\/th>\nSecurity<\/th>\nLast<\/th>\nChange<\/th>\nChange %<\/th>\n<\/tr>\n<\/thead>\n
BA<\/td>\nTHE BOEING CO.<\/td>\n245.14<\/td>\n-2.14<\/td>\n-0.87%<\/td>\n<\/tr>\n
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

U.S. Trade Representative Katherine Tai said the two sides have come to terms on a five-year agreement to suspend the tariffs at the center of the dispute. She said they could be reimplemented if the U.S. companies are not able to "compete fairly" with those in Europe.<\/p>\n

<\/picture>\n

Bill O’Leary\/Pool via REUTERS\/File Photo<\/span> (Reuters)<\/span><\/p>\n

"Today's announcement resolves a long-standing irritant in the U.S.-EU relationship," Tai said, as President Joe Biden met with EU leaders in Brussels. "Instead of fighting with one of our closest allies, we are finally coming together against a common threat."<\/p>\n

SOUTHWEST AIRLINES HIT WITH GROUND STOP<\/p>\n

The dispute saw tit-for-tat duties slapped on a range of companies that have nothing to do with aircraft production, from French winemakers to German cookie bakers in Europe and U.S. spirits producers in the United States, among many others.<\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n

 In March, weeks after Biden had taken office, the two sides agreed to suspend the tariffs.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fox Business Flash top headlines for June 15 Check out what’s clicking on FoxBusiness.com. The United States and the European Union reached a deal Tuesday […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nAirbus-Boeing end US-EU trade dispute - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/airbus-boeing-end-us-eu-trade-dispute\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Airbus-Boeing end US-EU trade dispute - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Fox Business Flash top headlines for June 15 Check out what’s clicking on FoxBusiness.com. 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