EU Nations Upgrade Trade Arsenal to Offset U.S. Attack on WTO
- European Union governments agreed to expand the bloc’s trade-sanctions power, signaling that concerns about the U.S. challenge to the global commercial order run deeper than the coronavirus pandemic. Diplomats from the 27-nation EU approved an upgrade to European legislation on enforcing international commercial rules. The envoys decided to let the EU impose penalties against countries that illegally restrict commerce and simultaneously block the World Trade Organization’s dispute-settlement process. The deal on Wednesday in Brussels ...
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