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U.S., EU suspend subsidies dispute to focus on China

Jun 16, 2021
Importers on both sides of the Atlantic will save billions in retaliatory tariffs for imports.
While the U.S. and the EU have been fighting over which side unfairly subsidizes aircraft production, China has been building up its own aircraft industry, said Eswar Prasad at Cornell University.
Kenzo Tribouillard/AFP via Getty Images

Truce on Airbus/Boeing subsidies lets sides focus on emerging competitor

Jun 15, 2021
U.S.-EU pact suspends punitive tariffs and could spur collaboration to fend off Chinese expansion in the commercial aircraft industry.
Eric Piermont/AFP via Getty Images