Monday, 22 July 2019

UPDATE 1-EU redoubles threat to retaliate if U.S. raises auto tariffs

UPDATE 1-EU redoubles threat to retaliate if U.S. raises auto tariffsThe European Union is keen to work with Washington to reform the World Trade Organization and cooperate on common challenges to global trade, but will retaliate if Washington makes good on its threat to raise car tariffs, a top EU official said on Monday. Sabine Weyand, the European Commission's director general of trade and former deputy Brexit negotiatior, struck a conciliatory but firm tone in remarks during her first official visit to Washington since taking on her new role a month ago.




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