Resolution of the 17-year trade fight would significantly reduce trade tensions between the two giant and deeply interlinked economies
European Commission President Ursula von der Leyen said Tuesday she is “very confident” a deal would be announced later in the day.
Boeing is also deciding whether to launch a new jetliner, with much of the longstanding dispute linked to government loans, contracts and other support for clean-sheet aircraft. Mr. Biden has said he wants to work closely with allies, and U.S. Trade Representative Katherine Tai said duringThe U.S.-EU freeze was accompanied by a similar deal between the U.S. and the U.K., in which both countries suspended retaliatory tariffs in the aircraft dispute for four months.
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