New York — The long-running trade dispute between Boeing and Airbus has been a source of political grandstanding for years, but with the US’s aggression reaching new levels of hypocrisy, the time may finally be right for a settlement.

The US trade representative’s office announced late on Wednesday that it was leaving tariffs on $7.5bn of imports because the EU had not yet taken enough action to comply with a World Trade Organization (WTO) ruling on illegal subsidies for Airbus...

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