The European Commission Executive Vice President Valdis Dombrovskis and U.S. Trade Representative Katherine Tai reached an understanding this week on principles relating to large civil aircraft. The agreement essentially pushes a pause button on the dispute rather than drawing a line under the argument that has raged for almost 20 years. In a prepared statement, the two sides stated that they intend to promote their relations in the large civil aircraft sector by moving to a “more collaborative and consultative relationship”. They seek to “promote a level playing field, address shared challenges, overcome longstanding differences, and avoid future litigation”. The
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