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Tariff suspensions and the four-month window to solve Boeing-Airbus

© Getty In joint statements issued on March 4 and 5, the U.S., first with the United Kingdom and then with the European Union (EU), agreed to suspend all retaliatory tariffs for four months in the Boeing-Airbus dispute. Is a solution within reach?    The U.S.-EU joint statement explains the tariff suspensions thusly: “These steps signal the determination of both sides to embark on a fresh start in the relationship.” Let’s see.           The retaliatory strikes over Boeing-Airbus were provocative from the start. After nearly two decades of litigation at the World Trade Organization (WTO), the protagonists were quick to signal their anger and frustration by drawing up “hit lists” of comical proportions. The U.S.’s list came in at $25 billion, of which the WTO approved $7.5 billion; the EU’s list clocked in at a mere $20 billion, of which the WTO authorized $3.99 billion.

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