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  • EU Eyes $4 Billion Tariff Strike to Take Trade Fight to Trump

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    September 26, 2019
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    The European Union is weighing an aggressive new approach to its trade dispute with the U.S., signaling a willingness to engage in the combative tactics embraced by President Donald Trump and risking a further deterioration in transatlantic relations.

    The EU is considering imposing tariffs on more than $4 billion of U.S. exports, citing as justification a 22-year-old World Trade Organization dispute over prohibited subsidies, according to people familiar with the strategy. This is despite the fact that the two sides reached a “mutually acceptable solution” to the claim in 2006.

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