Expanded Reynoldsburg developments approved
Plans for two major housing developments continue to move forward following unanimous approvals June 3 from the Reynoldsburg Planning Commission.
An amended housing project along Lancaster Avenue, known as The Oliver, has grown to 150 townhomes and apartments.
In a separate project, central Ohio builder Joe Ciminello came before the commission with a plan to construct more than 400 apartments north of
companies that have nothing to do with aircraft production, from French winemakers and German cookie bakers in Europe to spirits producers in the United States.
In March, weeks after Biden took office, the two sides agreed to suspend the tariffs. That suspension, which began March 11, was to last for four months. The agreement announced Tuesday will officially take effect July 11 and will put the tariffs on hold for five years.
“It's obviously a good sign – they agreed to something,” said William Reinsch, a former U.S. trade official who is now an analyst at the Center for Strategic and International Studies.
The truce, he said, will add “an element of certainty and sanity” to trans-atlantic trade.
But Reinsch notes that the two sides “kind of kicked the can down the road” by leaving unsettled some issues in the aircraft dispute, such as whether Airbus must repay the government subsidies it received over the years. Instead, the U.S. said in a fact sheet, the two sides had agreed to establish a group “to analyze and overcome any disagreements that may arise.''
The deal might help solidify the duopoly of Airbus and Boeing, which together dominate the global market for airline jets.
Tuesday's agreement made clear that the United States and the EU recognize that Boeing and Airbus face an external threat far bigger than each other: China is intent on developing its own plane-making industry with heavy government support.
“It will be a classic Chinese game plan,” Reinsch said. The government in Beijing will “force all the Chinese airlines to buy theirs. They'll create a market. Their planes will get better, and once they've gotten better and cheaper, they'll start flooding the global market.”