June 16, 2021 — The United States and the European Union have resolved a trade dispute that had resulted in a ramping up of tariffs, including on some seafood products.
The quarrel, dating back to 2004, centered around subsidies for European airplane-maker Airbus and U.S. plane manufacturer Boeing. The dispute was brought before the World Trade Organization, which ruled in October 2020 that each side could impose billions of dollars in tariffs.