The United States and the European Union made taken a number of important decisions that help resolve long-standing trade disputes and strengthen the trade relations between the two entities.
The EU-US summit, held in Brussels, agreed to suspend tariffs imposed on U.S. aircraft manufacturing company Boeing and European rival Airbus for five years, and establish a high-level U.S.-EU Trade and Technology Council (TTC).
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Political News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.