About: http://data.cimple.eu/news-article/3fa2d70a23afc9ebcd1aab822f74869d89eb1d549bf9f6363607268c

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About: http://data.cimple.eu/news-article/3fa2d70a23afc9ebcd1aab822f74869d89eb1d549bf9f6363607268c Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Britain on Thursday said it had agreed a truce with the United States over a 17-year long tariffs dispute involving European planemaker Airbus and US rival Boeing. It comes in the wake of a similar deal between the European Union and US announced Tuesday. The dispute, the longest-running in the history of the World Trade Organization, has seen damaging retaliatory tariffs levied on products on both sides of the Atlantic owing to disagreements over support for large civilian aircraft, the UK government explained in a statement Thursday. But both sides have finally agreed "to suspend retaliatory tariffs for five years", it added. The agreement followed talks between Britain's International Trade Secretary Liz Truss and US Trade Representative Katherine Tai. The deal ensures retaliatory tariffs on products including Scotch whisky are suspended. "Today's deal draws a line under an incredibly damaging issue," said Truss. She added that it meant the UK could now focus on taking its "trading relationship with the US to the next level", as Britain seeks to strike a post-Brexit free-trade agreement with the world's biggest economy. Truss added that the two countries would also work "more closely to challenge unfair practices by nations like China and using the power of free trade to build back better from the pandemic". President Joe Biden and the EU also agreed a long-term truce in the Airbus-Boeing feud as they seek to put aside disputes and deal with rising challenges from China. bcp/rfj/wai
schema:headline	UK, US strike deal over Airbus-Boeing dispute
schema:mentions	Tai peoples Feud Free trade Liz Truss Atlantic Ocean World Trade Organization European Union Pandemic United Kingdom Joe Biden United States China President of the United States Secretary of State for International Trade Scotch whisky Free trade agreement Office of the United States Trade Representative Mark Roebuck
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-06-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	79 (xsd:integer)

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