At the summit, both sides took a decisive step toward resolving the Airbus-Boeing WTO dispute, by creating a Cooperative Framework for Large Civil Aircraft and suspending related US and EU tariffs for five years.
The EU-US Summit of 2021 made progress towards resolving some of the longest-standing trade disputes between the two parties. At the summit, both sides took a decisive step toward resolving the Airbus-Boeing WTO dispute, by creating a Cooperative Framework for Large Civil Aircraft and suspending related US and EU tariffs for five years.