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After EU-U.S. end aircraft subsidy row, Britain hoping for similar deal within days

After EU-U.S. end aircraft subsidy row, Britain hoping for similar deal within days
After EU-U.S. end aircraft subsidy row, Britain hoping for similar deal within days   -   Copyright  Thomson Reuters 2021
By Reuters

LONDON, England – Britain is hoping to agree within days a deal similar to that which ended a multi-year trade dispute between the United States and the European Union over civil aircraft subsidies, a British official said on Tuesday.

The official said they hoped a deal would be struck during or shortly after a meeting between U.S. Trade Representative Katherine Tai and British trade minister Liz Truss on Wednesday.

A separate statement from the Department for International Trade said: “We have been working hard with the US to de-escalate and agree a settlement after making the first move in suspending tariffs.

“We look forward to continuing discussions on the long-standing Large Civil Aircraft dispute during Katherine Tai’s visit to the UK on Wednesday, and achieving a fair and balanced settlement that works for the whole of the UK.”