NEW YORK: President Joe Biden’s pick to be the top US trade negotiator said Thursday (Friday in Manila) she will seek to find a solution to the costly, longstanding fight over subsidies for Boeing and Airbus.
The 16-year-old trans-Atlantic conflict over government aid to the competing aircraft manufacturers has seen Brussels and Washington each impose punitive tariffs, including US duties on a record $7.5 billion in European goods authorized by the World Trade Organization in 2019.
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