The European Union (EU) has announced that it will be imposing tariffs on $4 billion worth of imports from the United States (US) in retaliation for illegal subsidies given to Boeing by the US government. This move comes after the World Trade Organization (WTO) ruled in favor of the EU in a long-standing dispute over subsidies to both Boeing and its European rival, Airbus. The tariffs are expected to hit a wide range of US products, including aircraft, tractors, and metals. The EU has stated that it remains open to negotiations with the US in order to reach a mutually beneficial resolution.


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