When President Joe Biden travels to Brussels next month, the European Union and the U.S. will commit to trying to end the trade conflicts that have tainted the transatlantic relationship, while also pledging to work together to move past the Covid-19 pandemic.

The EU and U.S. will also redouble efforts to put an end to two separate trade disputes: a 17-year fight over illegal government aid to Europe’s Airbus SE and Chicago-based Boeing Co. and a metals conflict in which the U.S. imposed levies on steel and aluminum imports, citing national security concerns, leading to an EU retaliation. Both sides sought to deescalate the issues in recent months in an effort to smooth the way to a resolution.

Source: AJOT