E. U. Is preparing retaliatory tariffs if u. S. Pushes through latest threatened levy: report
E. U. Is preparing retaliatory tariffs if u. S. Pushes through latest threatened levy: report"
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The European Union is reportedly preparing to go ahead with retaliatory tariffs against the U.S. if imminent talks don't succeed. “If no mutually acceptable solution is reached, both
the existing and possible additional E.U. counter-measures will automatically take effect on July 14 or earlier if circumstances require,” Olof Gill, European Commission spokesman, told
reporters in Brussels on Monday, Bloomberg and other media outlets reported. “The commission has been clear at all times about its readiness to act in defense of E.U. interests protecting
our workers, consumers and industry," said Gill, ahead of an expected meeting between the EU's trade commissioner, Maros Sefcovic, and U.S. Trade Representative Jamieson Greer in
Paris on Wednesday.
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