EU May Challenge US-China Trade Deal
EU authorities will access the preliminary agreement between the US and China for violations of the rules of the World Trade Organization, while retaining the right to challenge its legality.
This was stated by EU Commissioner for Trade Phil Hogan at a conference in Washington, organized by the Center for Strategic and International Studies (CSIS), one of the leading analytical organizations in the United States.
Answering a question from a representative of the movement of French employers MEDEF, the European Commissioner for Trade noted that the EU will evaluate the signed agreement in detail and initiate proceedings within the WTO if it reveals violations.
At the same time, Hogan agreed that the agreements between the United States and China, as well as the new agreement between the United States, Mexico and Canada, are examples of “managed” rather than free trade.