The European Union has announced plans to impose tariffs on $4 billion worth of U.S. imports in retaliation for illegal subsidies given to the American aircraft manufacturer Boeing. The tariffs will target a range of goods, including aircraft, tractors, and video game consoles. This move comes after the World Trade Organization ruled in favor of the EU in a long-standing dispute over subsidies provided to Boeing by the U.S. government. The EU has stated that it is open to negotiations with the U.S. to resolve the issue.


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