European Union to launch dispute against U.S. tariffs with World Trade Organization
- On Thursday, the European Union released a list of U.S. Products subject to potential retaliatory tariffs if a resolution is not reached to halt President Trump's ongoing trade dispute.
- The tariffs follow Trump's reciprocal 20% levy imposed in early April on EU goods, part of his broader global tariff campaign started about a month ago.
- The European Commission announced legal action at the WTO, detailed countermeasures targeting 20.9 billion euros of U.S. Goods, and has invited feedback by June 10.
- The EU estimates 379 billion euros of its exports to the U.S. Faced new tariffs, warning these are raising business costs, stifling growth, fueling inflation, and increasing uncertainty.
- The EU has emphasized its strong commitment to reaching negotiated solutions, while also stating that these tariffs clearly breach important WTO regulations.
62 Articles
62 Articles
EU To Challenge US Tariffs For 'Blatant' Violation Of Norms At WTO, Proposes $107 Billion in Countermeasures - Alphabet (NASDAQ:GOOG), Boeing (NYSE:BA)
In a bold move against the United States' tariff policy, the European Union (EU) is preparing to present its case at the World Trade Organization (WTO). The EU is also proposing countermeasures worth €95 billion ($107.4 billion).
EU Takes Trump to WTO, Plans 95 Billion Euro Retaliation Against U.S. Tariffs.
PULSE POINTS:What Happened: The European Union (EU) announced plans to challenge U.S. “reciprocal” tariffs at the World Trade Organization (WTO) and launched a public consultation on countermeasures. Who’s Involved: European Commissioner Maros Sefcovic, European Commission President Ursula von der Leyen, U.S. President Donald J. Trump, John Plueger of Air Lease Corp. Where & When: Luxembourg, May 7, 2025. Key Quote: “The EU’s objective is thus t…
EU publishes U.S. product hit list and prepares for WTO action against Trump's tariffs
The European Union published on Thursday a list of U.S. imports that it would target with retaliatory duties if no solution is found to end U.S. President Donald Trump’s tariff war, which could include aircraft maker Boeing. The EU’s executive branch, the European Commission, said it also would begin legal…
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