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ARLINGTON, Va.—Americans for Prosperity (AFP) today issued the following statement from Dan Pearson, AFP Trade Policy Fellow, on the Biden administration’s decision to suspend tariffs previously imposed on billions of dollars of EU goods stemming from the Boeing-Airbus dispute. The move has prompted the EU to follow suit, setting the stage for settlement of the dispute and further opening trade markets. The suspension will last four months while the countries attempt to resolve the matter:
“Again, we applaud the Biden administration for moving to reduce burdensome tariffs and put an end to the trade war that has harmed American businesses, workers, and consumers. We are hopeful these moves will lead to a lasting settlement and expanded opportunities for trade in the future. We look forward to working with the administration to remove barriers to open markets and freer trade so Americans everywhere can enjoy the prosperity that comes with them.”