Aircraft
EU Pulls Trigger on Tariffs on Boeing Jets
$4 billion worth of duties on U.S. goods include a 15-percent tariff on Boeing jets.

The European Commission on Tuesday will begin imposing tariffs on U.S. exports into the EU worth $4 billion—including a 15-percent duty on Boeing aircraft—in retaliation for similar measures taken by the U.S. affecting Airbus and other European industries. The World Trade Organization (WTO) formally authorized the EU on October 26 to impose countermeasures in response to illegal U.S. subsidies to Boeing. The commission said Monday it stands ready to work with the U.S. to settle the dispute and to agree on long-term disciplines on aircraft subsidies.