EU desires swift decision of plane dispute with Biden By Reuters

BRUSSELS (Reuters) – The European Fee stated on Thursday that new U.S. tariffs on EU merchandise disrupted ongoing negotiations with Washington to resolve a 16-year battle over plane subsidies and it hoped to discover a swift resolution with the subsequent U.S. president, Joe Biden.

The Fee, which coordinates commerce coverage for the 27-nation European Union, stated it regretted the U.S. motion, which “unilaterally” disrupted ongoing talks about subsidies for European planemaker Airbus and U.S. rival Boeing (NYSE:).

“The EU will have interaction with the brand new U.S. administration on the earliest doable second to proceed these negotiations and discover a lasting resolution to the dispute,” it stated in an emailed assertion.

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