The European Union has announced that it plans to impose tariffs on up to $4 billion worth of imports from the United States in response to illegal subsidies given to Boeing. This move comes after the World Trade Organization ruled that the United States had failed to fully comply with an earlier decision to end the subsidies. The tariffs are expected to target a range of American products, including aircraft, tractors, sweet potatoes, and frozen orange juice. The EU has stated that it hopes this action will help to resolve the long-standing trade dispute between the two sides.
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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.