BRUSSELS, Aug 4 (Reuters) - The European Union will suspend its two packages of countermeasures to U.S. tariffs for six months following a deal with U.S. President Donald Trump, a Commission spokesperson said on Monday.
BRUSSELS, Aug 4 (Reuters) - The European Union will suspend its two packages of countermeasures to U.S. tariffs for six months following a deal with U.S. President Donald Trump, a Commission spokesperson said on Monday.
Well unfortunately Trumps actions do have impacts and Tariffs have been imposed by the USA.
Apart from this, I do acknowledge that this new deal hasn’t lead to more clarity, as it has even created more speculation and uncertainty. So, at this point, for sure anything can be said as no-one actually knows jackshit.
Concerning WTO, it’s unfortunately being eroded, and possibly something new must or will be created. Diversification in Trade and supply chain is key.