UK to drop EU tariffs on Boeing aircraft

UK to drop EU tariffs on Boeing aircraft

The British government announced this week it will suspend retaliatory European Union tariffs on Boeing aircraft as part of the ongoing EU-U.S. dispute over subsidies to their respective commercial aircraft manufacturers. The move aims to reduce trade tensions with the U.S. and “show that the UK is serious about reaching a negotiated outcome,” the Department for International Trade said in a statement. The UK will set its own tariff policy when it completes its split…

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