Is the trade dispute between America and Europe over Airbus and Boeing over?

over subsidies provided to Boeing, an American planemaker, and its European arch-rival, Airbus. But is an end to the tussle in sight? On June 15th, amid the hubbub of President Joe Biden’s first trip to Europe, America and the EU signed an agreement to prevent the dispute, and the associated retaliatory measures, from escalating into a broader trade war. Two days later America and Britain, where some Airbus factories are based, agreed on a similar deal.

The dispute has dragged on for two main reasons. The first is the sheer complexity of the case. It has taken the WTO much longer to work out whether subsidies robbed each party of aircraft orders than it would have done to rule on the average trade case. This is because the market for airliners is so different from the sort of commodity goods, such as steel or aluminium, that trade cases are usually fought over.

Even so, the deal defers the dispute rather than ending it. The retaliatory tariffs arising from the WTO litigation will be suspended for five years. State financing “on market terms” for the development and production of airliners will still be allowed, while a working group led by American and European trade ministers attempts to reach a final understanding about past and future subsidies.

Fuck these macabre contrails

Wasn't it just the united states?

nice

VancityReynolds

And it's not really over yet

THAT'S GOOD! BUT ? PLEASE GO DEEP INTO THE OCEAN OF RESEARCH TO FIND A SOLUTION FOR THE SAFETY OF PLANES & PASSENGERS? FLYING AT 35K FEET ALTITUDE. IF PLANE COMES DOWN ON GROUND? DESIGN SHOULD BE SUCH, NOBODY 'SHALL' BE HURT !!! PLEASE PAY MAX ATTENTION TO THE MATTER!!!

Boeing Airbus POLITICOEurope iiscbangalore Lay out to me the details in Tweets and posts .. bit by bit. Let us see what solution we can figure out. I am not going to read an article from a magazine that needs subscription and paints a picture rather than starting facts.

Both are subsidised. And need to be. So let it bloody go.

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