News Snapshot:
US President Joe Biden and the European Union(EU) officials on Tuesday came together to remove tariffs on $11.5 billion goods from EU wine to US tobacco and spirits for five years as both sides decided to call a truce over the 17-year-old Airbus-Boeing dispute. President Biden and European Commission chief Von der Leyen had earlier suspended retaliatory tariffs in the dispute over subsidies for the rival plane makers. Watch: The truce is set to last for five years which both sides feel is enough to resolve the conflict as they fear China has been trying to develop a rival passenger...
