the European Union and the United States suspend punitive tariffs for 5 years



Image of an Airbus A330-200 – Yuri Smityuk

The European Union and the United States will announce this Tuesday a 5-year extension of the suspension of their customs duties decided in early March to resolve the 17-year-old conflict over illegal subsidies granted to aircraft manufacturers Airbus and Boeing, according to European sources.

“We have an agreement to take the time to reach a long-term solution. Meanwhile, the sanctions will be suspended, ”a European source told AFP. “It’s a good agreement, a long truce” in this conflict, said a second source familiar with the discussions taking place within the framework of the European Union / United States summit in Brussels.



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