The European Union will impose tariffs on up to $4 billion of U.S. imports in retaliation for U.S. subsidies for Boeing BA.N , but said on Monday it was hopeful of an improvement in trade ties under U.S. President-elect Joe Biden. European Commission Vice-President Valdis Dombrovskis arrives for a media conference after a meeting of EU trade ministers, in videoconference format, at the European Council building in Brussels, Belgium, November 9, 2020. Francisco Seco/Pool via REUTERS The move, given the green light by the World Trade Organization last month, is the latest in a 16-year U.S.-EU dispute over civil aviation subsidies. U.S. tariffs on $7.5 billion of EU products after a parallel WTO case against Airbus AIR.PA have been in place for over a year. “We have made clear at every stage that we want to settle this long-running issue,” EU Trade Commissioner Valdis Dombrovskis told […]