The European Union (EU) has imposed tariffs on $3.4 billion worth of U.S. products in response to the ongoing subsidy dispute between Boeing and Airbus. The tariffs, which went into effect on Tuesday, target a range of goods including tractors, spirits, and video game consoles. This move comes after the World Trade Organization ruled in favor of the EU in a long-running dispute over subsidies provided to Boeing by the United States. The EU has stated that they are open to negotiations to resolve the issue, but will continue to impose tariffs until a mutually acceptable solution is reached.
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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.