The deal the United States and the European
Union reached this week to end their long-
running rift over subsidies to Boeing and Airbus
will suspend billions in punitive tariffs. It will
ease trans-Atlantic tensions. And it will let
the two sides focus on a common economic
threat: China.
But the breakthrough still leaves some trade
friction between the U.S. and the EU unresolved.
Most prominently, President Biden kept in place