The European Union is keen to work with Washington to reform the World Trade Org...
WASHINGTON - The European Union is keen to work with Washington to reform the World Trade Organization and cooperate on common challenges to global trade, but will retaliate if Washington makes good on its threat to raise car tariffs, a top EU official said on Monday.
The longtime EU diplomat underscored the EU’s interest in avoiding a spiral of escalating tariffs on cars, aircraft and other goods, and work instead with the United States to address mutual concerns about China’s behavior on world markets. “We will not negotiate under WTO illegal action. Nor will we go down the road of managed trade,” she said.
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