QUOTES-Reaction to EU, U.S. truce in aircraft subsidies dispute
They agreed in March to a four-month suspension of tariffs on $11.5 billion of goods ranging from EU wine to U.S. tobacco and spirits, which they had imposed in response to the row. Here are reactions to the deal: URSULA VON DER LEYEN, EUROPEAN COMMISSION PRESIDENT "This really opens a new chapter in our relationship because we move from litigation to cooperation on aircraft - after 17 years of dispute." JOE BIDEN, U.S. PRESIDENT "It's overwhelmingly in the interest of the USA to have a great relationship with NATO and the EU.
- United States
The European Union and the United States have agreed a truce in their near 17-year conflict over aircraft subsidies for U.S. planemaker Boeing and European rival Airbus, the EU said on Tuesday. They agreed in March to a four-month suspension of tariffs on $11.5 billion of goods ranging from EU wine to U.S. tobacco and spirits, which they had imposed in response to the row.
"It's overwhelmingly in the interest of the USA to have a great relationship with NATO and the EU. I have very different views than my predecessor." BRITAIN'S DEPARTMENT FOR INTERNATIONAL TRADE
"We have been working hard with the U.S. to de-escalate and agree a settlement after making the first move in suspending tariffs." "We look forward to continuing discussions on the long-standing Large Civil Aircraft dispute during (U.S. Trade Representative) Katherine Tai's visit to the UK on Wednesday, and achieving a fair and balanced settlement that works for the whole of the UK."
ANTONIO DE MORA, HEAD OF SPANISH OLIVE EXPORTERS' ASSOCIATION ASEMESA "They have reached an agreement on a roadmap to settle the issue within 5 years. If confirmed that this agreement will have the effect of immediately suspending tariffs, it would be wonderful news because it solves one of the two serious problems we have: the 25% tariffs on green olive exports to the U.S., which accounted for 60% of our exports."
"We have stopped exporting green olives worth approximately 30 million euros a year." "But we still have a serious problem in our exports: black olives are not included in this agreement."
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