U.S. Trade Representative Katherine Tai and her British counterpart Liz Truss agreed to continue working to strengthen bilateral ties in a meeting in Washington on Tuesday, Tai’s office said in a statement, APA reports citing Reuters.
Tai and Truss agreed that their recent truce in a long-running trade dispute over aid for planemakers Airbus (AIR.PA) and Boeing (BA.N) 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 to enhance the international trading system and address forced labor issues.
Truss said the two discussed working together to tackle unfair trade practices, making progress on cooperation on large civil aircraft, and boosting the 196 billion pound ($270.75 billion) trading relationship. “Trade = growth = jobs,” she wrote on Twitter.
