The European Union (EU) has announced plans to impose tariffs on $4 billion worth of goods imported from the United States (US) in retaliation for US subsidies to aircraft maker Boeing. This move comes after the World Trade Organization (WTO) ruled that the US had not fully complied with an earlier ruling to end these subsidies. The EU has stated that it will be targeting a wide range of US products, including tractors, frozen fish and spirits. This escalation in trade tensions between the EU and US could further exacerbate the already strained economic relationship between the two trading partners.


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