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The dispute over subsidies has heightened trade tensions between the United States and Europe, as Airbus and Boeing spar for dominance in the highly competitive commercial aircraft
Industry. Achieving and maintaining global competitiveness in commercial aviation is a major goal of both the Americans and the Europeans. This industry is of critical importance to the people of both regions in terms of its impact on technological development, economic growth and employment, national prestige and national defense. Boeing is the largest single U.S. exporter, and Airbus plays an increasingly important economic role throughout the European Union...
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