SITUATION REPORT

EU, U.S.: Brussels Prepares New Retaliatory Package on U.S. Products Should Talks Fail

May 8, 2025 | 19:05 GMT

The European Union is preparing a sweeping retaliatory package targeting up to 95 billion euros ($108 billion) worth of U.S. exports should trade negotiations with the Trump administration break down, Bloomberg reported on May 8. ...

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