EU, U.S. Agree To End Trade Feud Over Subsidies To Aircraft Manufacturers
As the G7 summit meets in Brussels, world leaders have agreed to put a 17-year trade feud over subsidies to aircraft manufacturers behind them, suspending almost $12 billion of tariffs.
The conflict centers around subsidies to the U.S.-backed Boeing and the European Union-backed Airbus, but now both sides are putting aside the feud to focus on the threat of China’s own aircraft manufacturing.
Host Robin Young speaks with Here & Now‘s transportation analyst Seth Kaplan about the agreement.
This article was originally published on WBUR.org.
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