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US to Impose $7 Billion in Tariffs on European Union Imports Likely Before Summer’s End

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The European Union was warned in May to prepare for possible U.S.-imposed tariffs on imports from the region, and now roughly $7 billion in levies could be in place before summer’s end. The proposed tariffs are connected to a 14-year dispute over rival aircraft subsidies involving American firm Boeing Co. and European firm Airbus SE….

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