The European Union (EU) has imposed tariffs on up to $4 billion worth of goods from the United States (US) as retaliation for US subsidies to Boeing. The World Trade Organization (WTO) ruled in favor of the EU in the long-running dispute, allowing them to take action against the US. The tariffs are expected to affect a wide range of US products, including aircraft, tractors, and video game consoles. This move escalates trade tensions between the EU and US, with the US already imposing tariffs on EU goods in a separate dispute over subsidies to Airbus.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.