US-EU Tariff Negotiations Stalled, EU Considers Using 'Counter-Coercion Tools'
The tariff negotiations between the United States and the European Union are currently stalled, with the EU not ruling out the possibility of using 'counter-coercion tools.' These tools are primarily aimed at addressing unfair trade practices, particularly in the automotive sector.
Recently, the US tariff policy has fluctuated, rising from 15% to 20% and then 30%, causing many automakers to hesitate shipping products abroad, turning major Belgian ports into parking lots.
In this context, AZ has announced a $50 billion investment to establish a factory in the US to respond to the increasingly challenging market environment.
