EU TO KEEP TRADE RETALIATION IN RESERVE EVEN AS DEAL WITH US NEARS- FT
EU to keep trade retaliation in reserve as as deal with the US comes closer, according to the FT $SPY $QQQ https://t.co/C92FZfyDJk
EU to keep trade retaliation in reserve even as deal with US nears - FT. https://t.co/at6E3zlKvT
The European Union intends to preserve the legal authority to impose rapid retaliatory trade measures even as it moves toward finalising a new trade accord with the United States, according to the Financial Times. Brussels is drafting countermeasures that could be activated quickly should Washington, under President Donald Trump, fail to adhere to the agreed terms, the report said. The approach is designed to give the EU leverage and protect its interests while talks to resolve long-running transatlantic trade tensions enter their last stages.