The European Union pressed ahead Monday with plans to impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing. EU trade ministers were discussing the move at a videoconference after international arbitrators last month gave the world’s biggest trade bloc the green light to do so. It comes a year after the World Trade Organization authorized the United States to slap penalties on EU goods worth up to $7.5 billion — including Gouda cheese, single-malt whiskey and French wine — over European support for Boeing rival Airbus. “The U.S. has imposed their tariffs following the WTO ruling in (the) Airbus case, now we have a WTO ruling also in Boeing, allowing us to impose our tariffs, and that’s what we are doing,” EU Commission Executive Vice-President Valdis Dombrovskis told reporters. “Of course, […]