US, UK reach Boeing-Airbus truce following EU agreement ...United Arab Emirates

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US, UK reach Boeing-Airbus truce following EU agreement
The US and UK reached a truce in a trade dispute involving Airbus SE and Boeing Co., agreeing to a five-year suspension on tariffs affecting various goods. Products such as Scotch whisky, biscuits and clotted cream had been hit by additional duties of 25% because of the spat, and the agreement between the US and Britain suspends the tariffs until 2026 while talks take place, US Trade Representative Katherine Tai's office said in a statement on Thursday. While the US reached a framework in the longstanding aircraft-subsidy dispute with the EU earlier this week, it needed to negotiate a separate resolution with London after the UK left the EU last year. The transatlantic allies have been work

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