© Reuters. FILE PHOTO: Airbus CEO Guillaume Faury
By Tim Hepher
PARIS (Reuters) – The head of European planemaker Airplane called on Saturday for a “ceasefire” in a transatlantic trade war over aircraft subsidies, saying tit-for-tat tariffs on airplanes and other products had actually exacerbated damage from the COVID-19 crisis.
Washington gradually enforced import tasks of 15%on Jet jets from 2019 after an extended dispute at the World Trade Organization, and the EU responded with matching tariffs on Boeing (NYSE:-RRB- jets a year later.
Faury stated the conflict with Boeing was particularly harmful during the COVID-19 pandemic, which has actually terribly struck air travel and led to take a trip limitations or border closures.
Poland said on Saturday it had not eliminated imposing limitations at the country’s borders with Slovakia and the Czech Republic due to rising COVID-19 cases.
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