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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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.