BRUSSELS — President Biden and European Union leaders reached a deal Tuesday to put to rest a 17-year-old trade dispute about subsidies for aircraft manufacturers, officials said, a significant step in calming trade relations after the fury of the Trump years.
A five-year truce, which was announced at a meeting Tuesday in Brussels between Biden and the top leaders of E.U. institutions, was the latest effort in a transatlantic reconciliation tour that the new president started last week at the Group of Seven summit in Britain.
At each stop, including at NATO on Monday, Biden has tried to mend ties that were damaged under President Donald Trump, who often drew close to traditional American adversaries and targeted longtime allies with vitriol. Continue reading.