Aircraft
UK To Suspend EU Tariffs on Boeing Jets
Britain’s “independent approach” to European trade conflicts with the U.S. leads to concessions on aircraft tariffs.
Boeing jets delivered to the UK will no longer be subject to a 15-percent tariff now that Britain's Department of International Trade has decided to suspend the duties still imposed by the EU. (Photo: Boeing)
Boeing jets delivered to the UK will no longer be subject to a 15-percent tariff now that Britain's Department of International Trade has decided to suspend the duties still imposed by the EU. (Photo: Boeing)

The UK government on Wednesday said it will suspend retaliatory European Union tariffs on Boeing airplanes resulting from the EU-U.S. dispute over subsidies to their respective commercial airframe makers, in an effort to smooth relations with the incoming Biden Administration after the Brexit transition period ends on December 31. The suspension, which the UK calls “an effort to bring the U.S. towards a reasonable settlement and show the UK is serious about reaching a negotiated outcome,” accompanies a UK commitment to adopt “an independent approach” on longstanding trade conflicts between the U.S. and EU in general, including those involving steel and aluminum tariffs.