BRUSSELS—Raising the stakes in a massive, protracted trade fight, the European Union’s top trade official said the bloc will impose tariffs on $3.99 billion of Boeing Co. jets and other U.S. goods annually, with the aim of negotiating a settlement.
The EU action, sanctioned last month by the World Trade Organization, comes 13 months after the U.S. imposed WTO-permitted tariffs on $7.5 billion in Airbus SE jets and other imported European products, the largest arbitration award in WTO history.
Europe’s…
