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Government

US, EU agree to suspend set of tariffs for 5 years

June 16, 2021

After more than 16 years, the United States and European Union have reached a truce regarding aircraft subsidies. Image courtesy of Aerin Lauder

 

By Luxury Daily News Service

The United States and the European Union have agreed to a truce regarding an aircraft subsidies conflict, ultimately suspending one set of tariffs implemented by former President Trump.

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  1. Louis Vuitton announces Regeneration 2030
  2. Cartier, The King’s Foundation create fellowship for fine watchmakers
  3. De Beers supports Desert Diamonds with bridal addition
  4. Mandarin Oriental refreshes The Landmark, Hong Kong
  5. 62pc of HNWIs now worried about geopolitical instability related to Iran war: Altiant
  6. American Express cardmember spend up 25pc with improved customer experience
  7. Gigi Hadid fronts new leather goods campaign from Miu Miu
  8. Schiaparelli begins Harrods takeover
  9. Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders
  10. Luxury Unfiltered: Kering's 80pc opportunity starts with a question most brands won’t ask
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