EU readies countermeasures, WTO litigation against U.S. tariffs

The European Commission on Thursday unveiled a series of proposed retaliatory tariffs and export controls in response to new U.S. tariffs while announcing plans to launch consultations with the U.S. at the World Trade Organization. The Commission is seeking public feedback on the countermeasures, which it says it is readying in case ongoing negotiations with the U.S. fail, according to a statement by the Commission . The measures were crafted to address a tariff President Trump imposed last month on...