European Union avoids expected retaliation in US tariff package
The European Union has expressed relief following the announcement of new US tariffs, noting that the measures do not target Brussels in retaliation for recent Google fines.
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According to The Local, the European Union has reacted with relief to a new wave of trade tariffs imposed by Washington on various international partners. Officials in Brussels had previously expressed concern that the United States might implement retaliatory measures in response to a significant fine recently issued by the European Union against the US technology firm Google. The latest announcement from Washington suggests that the new tariffs are directed more broadly at trading partners rather than specifically targeting the European bloc in direct response to the regulatory action taken against the tech giant.
Source: The Local. Read the original report ↗
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This brief is based on reporting by The Local.supports: The Local Europe