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EU Urges US to Drop Aircraft Tariffs or Face $4 Billion in Exports Duties

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The European Commission’s new trade chief Valdis Dombrovskis is gearing up for a fight with the United States in the nearly 16-year aircraft-subsidies dispute, warning the U.S. on possible tariffs on its exports to European Union-member nations. The dispute was over rival subsidies involving American firm Boeing Co. and European firm Airbus SE. The Airbus…

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