The European Union (EU) said on Monday it has agreed to impose tariffs and other penalties on up to $4 billion worth of American goods and services over illegal US government support for plane maker Boeing.
“The US has imposed their tariffs following the WTO [World Trade Organization] ruling in [the] Airbus case, now we have a WTO ruling also in Boeing, allowing us to impose our tariffs, and that’s what we are doing,” EU Commission Executive Vice-President Valdis Dombrovskis told reporters.
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