U.S., UK trade chiefs meet, agree to strengthen bilateral ties

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Tai and Truss agreed that their recent truce in a long-running trade dispute over aid for planemakers Airbus and Boeing (NYSE:BA) creates a platform for “future collaboration on shared challenges, including those posed by the anti-competitive practices of China and other non-market economies.”

They also stressed the importance of fair competition in the global economy and agreed to work together both on a bilateral and multilateral basis to enhance the international trading system, and address forced labor issues.