BRUSSELS/WASHINGTON: The European Union is poised to move next week to impose tariffs on $4 billion of U.S. imports in retaliation for U.S. subsidies for planemaker Boeing, EU diplomats said, teeing up an eleventh-hour showdown with U.S. President Donald Trump.
A majority of EU governments have backed imposing the widely expected tariffs once EU trade ministers meet next Monday - the latest twist in a transatlantic trade saga that has spanned 16 years and four U.S. presidents.
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