The European Union is processing 100 billion euro duties in US products if talks with Donald Trump fail. Bloomberg wrote that Trade Commissioner Maros Sefkovic said in front of the European Parliament in Strasbourg that the EU prefers to find a solution through negotiations with the US, but in the event of the EU talks, the EU is preparing its countermeasures and all the options are in the table. “All the options remain on the table,” the Commissioner of Commerce stressed, recalling that the EU has suspended its own countermeasures to give space to the negotiations, taking advantage of the US president’s 90 -day cessation period. Thus, the EU aims at additional tariffs of 100 billion euros in US goods if the talks fail. The proposed retaliation will be notified on Wednesday and consultations will last one month before the list was finalized, the people, who spoke on the condition of his anonymity, said. THE […]
Source: News Beast
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