EU and US on verge of new trade war
A WTO decision against an American scheme offering tax breaks to US multinationals may turn into one of the biggest trade disputes ever between the EU and the US. Speculations predict trade sanctions of up to 5 billion dollar against the US, which could scupper the recovery of the global economy.
A WTO decision against an American scheme offering tax breaks to US multinationals may turn into one of the biggest trade disputes ever between the EU and the US. Speculations predict trade sanctions of up to 5 billion dollar against the US, which could scupper the recovery of the global economy.
