2/18/2021
By Marcelo Rochabrun, Tim Hepher and Andrea Shalal
Feb 18 (Reuters) - Brazil on Thursday ditched a trade
complaint against Canada over aircraft subsidies and called for
wider negotiations between all aircraft producing nations to
halt a slide toward aircraft trade wars, sidestepping the World
Trade Organization.
The abrupt move by Brazil, home to the world s third largest
planemaker Embraer, comes as larger rivals Airbus
and Boeing remain locked in a 16-year-old fight
at the WTO that led to tit-for-tat transatlantic tariffs.
While the two giants dominate the market for large passenger
jets, Brazil has for years fought its own battles over the