EADSY - U.S. and Europe Near Deal to End Tariff Fight
European leaders and President Joe Biden will reportedly commit to ending trade wars that have imposed tariffs on more than $18 billion in exports when the two sides meet June 15 in Brussels.
The two sides have battled for years on issues including subsidies on aircraft manufactured by Boeing (NYSE: BA) and Airbus (OTC: EADSY) , with the tariff wars expanding since 2018 to include levies on European metals and American-made Harley-Davidson (NYSE: HOG) bikes and Levi Strauss (NYSE: LEVI) jeans.
Image source: Boeing.
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U.S. and Europe Near Deal to End Tariff Fight