E. U. Is preparing retaliatory tariffs if u. S. Pushes through latest threatened levy: report

E. U. Is preparing retaliatory tariffs if u. S. Pushes through latest threatened levy: report

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The European Union is reportedly preparing to go ahead with retaliatory tariffs against the U.S. if imminent talks don't succeed. “If no mutually acceptable solution is reached, both the existing and possible additional E.U. counter-measures will automatically take effect on July 14 or earlier if circumstances require,” Olof Gill, European Commission spokesman, told reporters in Brussels on Monday, Bloomberg and other media outlets reported. “The commission has been clear at all times about its readiness to act in defense of E.U. interests protecting our workers, consumers and industry," said Gill, ahead of an expected meeting between the EU's trade commissioner, Maros Sefcovic, and U.S. Trade Representative Jamieson Greer in Paris on Wednesday.

The European Union is reportedly preparing to go ahead with retaliatory tariffs against the U.S. if imminent talks don't succeed. “If no mutually acceptable solution is reached, both


the existing and possible additional E.U. counter-measures will automatically take effect on July 14 or earlier if circumstances require,” Olof Gill, European Commission spokesman, told


reporters in Brussels on Monday, Bloomberg and other media outlets reported. “The commission has been clear at all times about its readiness to act in defense of E.U. interests protecting


our workers, consumers and industry," said Gill, ahead of an expected meeting between the EU's trade commissioner, Maros Sefcovic, and U.S. Trade Representative Jamieson Greer in


Paris on Wednesday.