US suspends tariffs on UK goods in trade dispute

The UK and US have today agreed a new joint approach to the longstanding trade conflict over aerospace tariffs.

The United States will temporarily suspend all retaliatory tariffs on direct exports from the UK to the US resulting from the Airbus dispute for four months, in an effort to reach a negotiated solution to the 16- year long dispute. This measure will come into force on Monday 8 March, backdated to today (4 March).

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