Boeing case – EU wins tariff clearance on $4 billion of U.S. imports

The European Union on Tuesday won the right to impose tariffs on $4 billion of U.S. goods in retaliation against subsidies for planemaker Boeing BA.N – deepening a record trade spat that has already prompted Washington to slap duties on EU imports. The World Trade Organization tariff award, which confirms a decision first reported by Reuters on Sept 30, threatens to intensify transatlantic trade tensions just three weeks ahead of the U.S. presidential election. However, negotiators on both sides say it could also lead at last to discussions to resolve…

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