The retaliatory tariffs on French wine, Italian cheese, and US bourbon have been dropped, temporarily ...Middle East

The US and the European Commission have agreed to a four-month suspension of the retaliatory tariffs each implemented due to the long-running Airbus-Boeing trade dispute.European commission president Ursula von der Leyen made the announcement on March 5 after speaking with US president Joe Biden on several topics, including its economic relationship.“We both committed to focus on resolving our aircraft disputes, based on the work our respective trade representatives. This is excellent news for businesses and industries on both sides of the Atlantic, and a very positive signal for our economic cooperation in the years to come,” von der Leyen said in a statement.Read the rest of this story on

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