An accord was reached in the “spaghetti war.”
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The Common Market said it reached an agreement in principle with the United States for a four-month moratorium on retaliatory trade actions, during which time it hopes to settle the 16-year-old dispute over the trading bloc’s citrus imports. A spokeswoman for the 10-nation Common Market, who insisted upon anonymity, said the EEC would reduce its subsidies to pasta exporters, and, in turn, the Reagan Administration would withdraw its formal complaint against the subsidies. The spokeswoman did not specify the size of the reductions.
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