According to The Local, the European Union voiced relief on Friday regarding the latest wave of tariffs imposed by Washington. Officials had previously expressed concerns that the United States might implement retaliatory trade actions in response to a substantial fine issued by Brussels against the technology company Google.
The report notes that the new tariffs target a broader group of trading partners, easing fears of a direct confrontation between the European Union and the United States over the antitrust penalty. The situation remains a point of focus for European regulators monitoring transatlantic trade policy.
Source: The Local. Read the original report ↗