US 'Blatant' Tariffs Spark EU Backlash As Bloc Plans WTO Challenge, Proposes $107 Billion in Countermeasures

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US 'Blatant' Tariffs Spark EU Backlash As Bloc Plans WTO Challenge, Proposes $107 Billion in Countermeasures

benzinga.com/25/05/45310598/eu-to-challenge-us-tariffs-for-blatant-violation-of-norms-at-wto-proposes-107-billion-in-countermeasures

In a bold move against the United States’ tariff policy, the European Union (EU) is preparing to present its case at the World Trade Organization (WTO). The EU is also proposing countermeasures worth €95 billion ($107.4 billion).
What Happened: The European Commission is planning to…

This story appeared on benzinga.com, 2025-05-09 07:18:39.