BRUSSELS—The European Union will impose tariffs on $3.99 billion of Boeing Co . jets and other U.S. goods annually as part of a long-running trade dispute, the bloc’s trade chief said Monday.
The EU had delayed imposing the tariffs since the World Trade Organization ruled in the bloc’s favor on Oct. 13 preferring not to proceed with tariffs before the U.S. election. Some officials had also suggested waiting until a new U.S. administration was in place in January.
EU trade officials instead decided instead to make the move—which is likely to be seen as hostile in the U.S.—while Mr. Trump is still president. The tariffs will come into effect on Tuesday, EU officials said. Details of which goods will be hit will come later Monday.
The EU action comes after the U.S. imposed tariffs following a WTO decision in October 2019 authorizing tariffs on $7.5 billion in Airbus SE jets and other imported European products, the largest arbitration award in WTO history.
The issue was one of several trade clashes that have strained trans-Atlantic ties under the Trump administration, although the jetliner dispute stretches back nearly two decades.
