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    U.S. warns servicing or refueling some Russian-owned planes may violate trade restrictions.

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    The Commerce Department said on Friday that it had identified 100 commercial and private aircraft that violated U.S. export controls by flying into Russia and that their owners, operators and servicers were at risk of substantial jail time, fines, loss of export privileges or other restrictions.The announcement said it was putting the world “on notice” not to repair or refuel the planes, highlighting the scope of the new limitations.Since March 2, the department identified a number of commercial and private flights to Russia that most likely violated the restrictions, including on aircraft owned or operated by Aeroflot, AirBridgeCargo, Aviastar-TU, Azur Air, Nordwind, Utair and Roman Abramovich, a Russian billionaire with ties to President Vladimir V. Putin, according to the announcement. Most of the planes were made by Boeing.On Feb. 24, the department imposed broad restrictions on technology that could be exported to Russia, part of an effort to cripple the country’s military and strategic industries. In addition to semiconductors, telecommunications equipment and sensors, the restrictions bar aircraft and some aircraft parts that are made in the United States from being sent to Russia.As a result of the rules, any aircraft manufactured in the United States, or manufactured in a foreign country that used certain American parts or technology, must receive a license to travel to Russia.And any entity providing services to those aircraft, including maintenance, repair and refueling, would also be in violation of the rules, the Commerce Department said.Because the aircraft are prevented from receiving any service, flights to and from Russia on these aircraft are effectively grounded, the department said.“We will not allow Russian and Belarusian companies and oligarchs to travel with impunity in violation of our laws,” Commerce Secretary Gina M. Raimondo said in a statement. More

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    U.S. and Europe Look for Tariff Cease-Fire as Biden Heads Overseas

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    The Biden administration is trying to ease trade tension with allies, in part to help counter China.WASHINGTON — The United States and the European Union are working toward an agreement that would settle long-running disputes over aircraft subsidies and metals tariffs that set off a trade war during the Trump administration as President Biden looks to re-engage with traditional American allies.The two sides are hoping to reach an agreement by mid-July with a goal of lifting tariffs that both governments have placed on each other’s goods by Dec. 1, according to a joint statement that is being drafted before the U.S.-E.U. summit that Mr. Biden will attend in Brussels next week.Resolving trade tensions with Europe and other allies is a key goal of the Biden administration, which is trying to repair relationships that fractured under President Donald J. Trump, whose provocative approach to trade policy included punishing tariffs. Mr. Biden and other administration officials have said they want to rebuild those relationships, in part so that the United States can work with allies to counter China and Russia.The joint statement suggested an eagerness on both sides of the Atlantic to end a trade fight that has resulted in tariffs on a wide range of goods — including American peanut butter, orange juice and whiskey as well as levies on European wine and cheese.“We commit to make every effort possible to find comprehensive and durable solutions to our trade disputes and to avoid further retaliatory measures burdening trans-Atlantic trade,” the document said.The draft was reported earlier by Bloomberg News.The desire to reach an agreement came as Mr. Biden departed on Wednesday for a summit meeting in Britain with the leaders of the Group of 7 nations, his first international trip as president.As he boarded Air Force One, he indicated that his priority was to mend relations with his counterparts.“Strengthening the alliance and make it clear to Putin and to China that Europe and the United States are tight, and the G7 is going to move,” Mr. Biden said of his goals for the trip.Discussions about easing tariffs come at a critical time for the global economy as countries emerge from the pandemic. Widespread shortages of commodities because of supply chain bottlenecks and growing consumer demand have been pushing up prices and causing concern among policymakers.In March, the United States and European Union agreed to temporarily suspend tariffs on billions of dollars of each other’s aircraft, wine, food and other products as both sides try to find a negotiated settlement to a dispute over the two leading airplane manufacturers.The World Trade Organization had authorized both the United States and Europe to impose tariffs on each other as part of two parallel disputes, which began almost two decades ago, over subsidies the governments have given to Airbus and Boeing. The European Union had imposed tariffs on about $4 billion of American products, while the United States levied tariffs on $7.5 billion of European goods.The two governments are also trying to resolve a fight over the steel and aluminum tariffs that Mr. Trump imposed in 2018. The 25 percent tariffs on imports of European steel and 10 percent on aluminum spurred retaliation from Europe, which imposed similar duties on American products like bourbon, orange juice, jeans and motorcycles.The negotiations come as the United States is broadly reviewing its trade policy with a new focus on multilateralism.Last week, the Biden administration suspended retaliatory tariffs on European countries in response to digital services taxes that they have imposed as negotiations over a broader tax agreement play out.As part of the effort to deepen ties, the United States and European Union plan to establish a trade and technology council to help expand investment and prevent new disputes from emerging. It will also focus on strengthening supply chains for critical technology such as semiconductors, which have been in short supply in the last year.The alliance represents another tool the administration intends to use to push back against China’s growing economic influence, which Mr. Biden has repeatedly referred to as a threat to the United States. While the president has so far steered clear of hitting China with new tariffs, he has yet to remove the levies Mr. Trump imposed on $360 billion worth of Chinese goods. Last week, the administration barred Americans from investing in Chinese companies linked to the country’s military or engaged in selling surveillance technology used to repress dissent or religious minorities.The draft document says, “We intend to closely consult and cooperate on the full range of issues in the framework of our respective similar multifaceted approaches to China.”The U.S.-E.U. summit will take place next Tuesday.Matina Stevis-Gridneff More

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    United Airlines Wants to Bring Back Supersonic Air Travel

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    The airline, which plans to buy planes from Boom Supersonic, a start-up, could become the first to offer ultrafast commercial flights since the Concorde stopped flying in 2003.The era of supersonic commercial flights came to an end when the Concorde completed its last trip between New York and London in 2003, but the allure of ultrafast air travel never quite died out. More

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    U.S. and Europe Will Suspend Tariffs on Alcohol, Food and Airplanes

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    AdvertisementContinue reading the main storySupported byContinue reading the main storyU.S. and Europe Will Suspend Tariffs on Alcohol, Food and AirplanesThe governments agreed to temporarily halt levies on billions of dollars of products as they search for a settlement to a long-running clash over subsidies given to Airbus and Boeing.The dispute over subsidies to Airbus and Boeing started almost two decades ago.Credit…Ulrich Lebeuf for The New York TimesMarch 5, 2021Updated 5:09 p.m. ETThe United States and European Union agreed to temporarily suspend tariffs levied on billions of dollars of each others’ aircraft, wine, food and other products as both sides try to find a negotiated settlement to a long-running dispute over the two leading airplane manufacturers.President Biden and Ursula von der Leyen, the president of the European Commission, agreed in a phone call on Friday to suspend all tariffs imposed in the dispute over subsidies given to Boeing and Airbus for “an initial period of four months,” Ms. von der Leyen said in a statement.“This is excellent news for businesses and industries on both sides of the Atlantic and a very positive signal for our economic cooperation in the years to come,” she said.In a statement, the White House said Mr. Biden had “underscored his support for the European Union and his commitment to repair and revitalize the U.S.-E.U. partnership.”The World Trade Organization had authorized both the United States and Europe to impose tariffs on each other as part of two parallel disputes, which began almost two decades ago, over subsidies the governments have given to Airbus and Boeing. The E.U. had imposed tariffs on roughly $4 billion of American products, while the United States levied tariffs on $7.5 billion of European goods.The aircraft dispute is an early test of the Biden administration’s ability to rebuild America’s relationship with Europe, which U.S. officials see as crucial for accomplishing other trade and foreign policy goals.Former President Donald J. Trump took a more adversarial and aggressive stance toward the bloc. He accused it of cheating the United States on trade and imposed tariffs on European metals, aircraft and other products. He also threatened further tariffs against European automakers.The Biden administration has said it would restore ties with the E.U., formerly a close ally, as it seeks to form coalitions to take on bigger global problems, like China’s unfair trade practices. And it has committed to pressing Europe for a settlement on the aircraft dispute, as well as other continuing trade spats over metals, digital service taxes and other issues.“Finally, we are emerging from the trade war between the United States and Europe, which created only losers,” Bruno Le Maire, the French finance minister, said on Twitter. He added that a burden would be lifted for French winegrowers, whose sales have been pummeled by steep retaliatory tariffs that the Trump administration imposed on imports to the United States.In a joint statement with the European Union, the Office of the United States Trade Representative said the suspension would take effect “as soon as the internal procedures on both sides are completed” and that the agreement signaled “the determination of both sides to embark on a fresh start in the relationship.”The statement said both sides were committed to reaching a comprehensive solution to the disputes, which would include rules on future aircraft subsidies, monitoring and enforcement, and efforts to address “the trade distortive practices of and challenges posed by new entrants to the sector from nonmarket economies, such as China.”The Distilled Spirits Council, a trade group representing the liquor industry, called the decision a “a promising breakthrough in the longstanding trade dispute on civil aircraft subsidies, which has left much destruction to the spirits sector in its wake.”The deal would suspend a 25 percent tariff imposed by Europe on American rum, brandy and vodka, as well as a 25 percent tariff the United States imposed on liqueurs and cordials from Germany, Ireland, Italy and Spain, and Cognacs and other grape brandies from France and Germany. On Thursday, the United States said it would temporarily suspend tariffs levied against the United Kingdom, including on Scotch whisky, as part of the dispute for a period of four months.Monika Pronczuk More