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6/17, 11:04 AM (Source: TeleTrader)
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UK, US Airbus/Boeing trade dispute resolved

The United Kingdom and the United States announced on Thursday that they have resolved issues emerging from the trade dispute over subsidies granted to Boeing and Airbus.

Britain's trade ministry issued a statement explaining that both sides will scrap the retaliatory tariffs for the next five years, and join forces in order to tackle unfair trade practices in the future.

Two days ago, Washington reached a similar deal on the 17-year-long issue with the European Union.

Breaking the News / BU