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Publishing date: Feb 18, 2021 • February 18, 2021 • 3 minute read • Article content 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. We apologize, but this video has failed to load. Try refreshing your browser, or Brazil drops aero spat with Canada, seeks global subsidy pact Back to video ....
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 ....