WORLD Britain, US resolve Airbus-Boeing trade dispute

WORLD

Britain, US resolve Airbus-Boeing trade dispute

CGTN

17:39, June 17, 2021

Britain and the United States announced they had agreed on resolving a tariff dispute over Airbus and Boeing on Thursday.

This picture taken on March 7, 2021 shows an Israeli El Al Boeing 787-8 Dreamliner aircraft on the tarmac while Turkish MNG Airlines Airbus A300 cargo plane lands at Israel's Ben-Gurion Airport near Tel Aviv. (Photo: AFP)

Both sides have agreed to suspend retaliatory tariffs for five years and cooperate more closely on tackling unfair trade practices by non-market economies, Britain's trade ministry said in a statement.

A similar deal was struck by the European Union and the U.S. earlier this week.

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