EU, US reach deal to end Boeing-Airbus trade dispute after 17 years

The U.S. and the European Union agreed to end their 17-year dispute over aircraft subsidies to Airbus SE and Boeing Co. that saw the allies impose tariffs on $11.5 billion of each other’s exports, EU officials said.

The European Commission spent Monday night discussing the accord with member states to get the deal over the line before an EU-U.S. summit in Brussels with President Joe Biden, according to officials familiar with the deliberations.

The landmark accord turns the page on a key conflict in former President Donald Trump’s trade war and sets the stage for a new era of transatlantic cooperation over