LEVI - U.S. Europe set to end tariff fight solve Boeing-Airbus dispute - Bloomberg

Oleg_Ivanov/iStock via Getty Images President Biden and European Union leaders will commit to ending outstanding trade battles when they meet next week in Brussels, also promising to remove steel and aluminum tariffs before the end of the year, Bloomberg reports. The U.S. and EU also will pledge to finding a solution to the lingering aircraft dispute, which involves illegal government aid provided to Boeing (BA) and Airbus (EADSY), before July 11, according to the report. The two sides already had agreed to suspend aircraft tariffs until July to facilitate a settlement. Shares of Harley-Davidson (HOG) and Levi Strauss (LEVI) - among American imports hit with tariffs - also spiked as the Bloomberg report was released in mid-afternoon. The U.S. and the EU reportedly will announce a partnership aimed at reinforcing the supply of semiconductors in both regions. Boeing today reported 20 net orders in May, its fourth straight month of

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U.S., Europe set to end tariff fight, solve Boeing-Airbus dispute - Bloomberg