The European Union plans to initiate a trial within the framework of the World Trade Organization (WTO) in connection with the US duties, and that it will be sent to relevant consultations. Reporting this CNBC.
The European Commission said that US tariffs have greatly violated the BTÖ’s basic rules.
The European Union wants to verify that the international principles are important and that any member of the trade organization, including the US added to the EC, cannot be ignored.
On April 2, Trump introduced a new import task system for 185 countries. The basic ratio turned out to be 10% for all imported goods and much higher for individual countries – 34% for China, 46% for Vietnam and 20% for the European Union. The leaders of the countries around the world condemned Trump’s decision, threatening Answer measures.
Against this background, the US stock market fell to the beginning of the coronavirus pandemia. Trump’s tasks downloaded Shares of defense companies in Europe. According to Bloomberg, the richest people in the world lost $ 208 billion after the US tasks were appointed.
9 April Trump I Sushed The action of new US duties for 90 days with more than 75 countries.
EARLY HOURS OF USA Learned About Trump’s intention to protect most of the tasks against the EU.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.