London — The UK government said on Wednesday it will drop the tariffs that the EU had imposed on $4bn of US goods, part of the long-running dispute over illegal aid to aircraft manufacturers Boeing and Airbus.

The move is designed to reduce trade tensions with the US and “show that the UK is serious about reaching a negotiated outcome”, the department for international trade said in a statement. Britain will set its own tariff policy when it completes its split from the EU at year-end...

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