Business & Finance

Reuters ahead with news that Europe-U.S. nearing subsidy pact, tariff truce

Reuters broke the news on June 14 that a deal was close to resolve a 17-year trade war over aircraft subsidies between the United States and Europe. Reuters also reported plans for a five-year truce in transatlantic tariffs whose impact had rippled across other industries and currency markets. The EU confirmed a deal on June 15.

Market Impact

Shares in aerospace companies rose slightly after the news.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Aerospace & DefenceEquities
Regions: Global
Win Types: Speed
Media Types: Text
Customer Impact: Major Global Story
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