U.S., UK Trade Chiefs Meet, Agree To Strengthen Bilateral Ties

• S. Trade Representative Katherine Tai met her British counterpart Liz Truss in Washington on Tuesday, and the two agreed to continue working to strengthen bilateral ties, Tai's office said in a statement. 
• Tai and Truss agreed that their recent truce in a long-running trade dispute over aid for plane makers 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 labour issues.

(Source: Reuters)