Headline Roundup • June 15th, 2021
US and EU Agree to End Dispute Over Aircraft Subsidies
Summary from the AllSides News Team
On Tuesday, President Joe Biden and European Union leaders agreed to end a 17-year-old trade dispute over subsidies to rival plane makers Airbus and Boeing.
The tariffs, authorized by the World Trade Organization, had been suspended in March for four months; the suspension is now extended by five years.
Featured Coverage of this Story
NPR (Online News)
President Biden on Tuesday announced a truce in a long-running trade war with the European Union, saying it was time to put aside the fight and focus together on the growing trade threats posed by China.
His Brussels stop at EU headquarters was the latest part of his mission to mend ties with allies that were strained by the go-it-alone approach of his predecessor before he sits down with Russian President Vladimir Putin in Geneva.
Biden was also set to launch a trade and technology council during his session with Ursula von...
Associated Press Fact Check
President Joe Biden on Tuesday moved to end a long-running dispute with the European Union over subsidies for aircraft manufacturers, a major breakthrough in the U.S.-EU trade relationship that comes on the eve of his highly anticipated meeting with Russian President Vladimir Putin.
The announcement that the two sides reached resolution in a 17-year dispute over how much of a government subsidy each can provide for its aircraft manufacturing giant — Boeing in the United States and Airbus in the EU.—came as Biden met with European Council President Charles Michel...
ZeroHedge
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....
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