EU, US Unveil 5-Year Truce In 17-Year Aircraft Trade Spat

The European Union and the United States are on the verge of announcing a truce in their 17-year conflict over aircraft subsidies, bringing to a close one set of Trump-era tariffs which had soured relations between them. As Reuters reminds us, the two sides have been battling since 2004 in parallel cases at the World Trade Organization over subsidies for U.S. planemaker Boeing and European rival Airbus

The EU and US agreed in March to a four-month suspension of tariffs on $11.5 billion of goods from EU wine to U.S....