The European Commission is poised to impose countermeasures on a variety of U.S. industrial and agricultural imports, valued at approximately $107 billion, if tariff negotiations do not yield a favorable outcome. This response is aimed at U.S. tariffs affecting over $425.5 billion worth of EU exports, deemed “unjustified and harmful” by the Commission. Furthermore, the EU plans to file a complaint with the World Trade Organization, arguing that U.S. duties violate WTO rules. The Commission is also exploring new trade partnerships to diversify its supply chain while remaining committed to negotiating with the U.S. for a mutually beneficial resolution.

Source: https://www.supplychaindive.com/news/ec-seeks-public-comment-on-us-tariffs-amid-trade-tensions/747573/