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EU readies single €93B US trade retaliation package
The EU will merge two packages of retaliation measures against U.S. tariffs into a single one that will be ready to use if trade negotiations with the Trump administration go sour, a European Commission spokesperson said Wednesday. “To make our countermeasures clearer, simpler, and stronger, we will merge lists 1 & 2 into a single list,” the bloc’s spokesperson for trade Olof Gill told journalists. The first list is currently paused until Aug. 6 and the second awaits a vote by the EU’s 27 member countries. The combined list would target €93 billion of U.S. imports into the EU including bourbon, ... (full story)
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