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New EU anti-coercion tool has array of countermeasures to punish foreign interference

By Joanna Sopinska ( December 7, 2021, 12:39 GMT | Insight) -- EU countries facing trade interference by foreign governments will have a broad arsenal of countermeasures under the European Commission's forthcoming proposal for an anti-coercion mechanism, according to a draft seen by MLex. The proposal, due to be unveiled tomorrow, lists 12 retaliatory measures, including punitive tariffs, import restrictions and market access bans.EU countries facing interference by foreign governments will have a broad arsenal of trade countermeasures under the European Commission's forthcoming proposal for an anti-coercion mechanism, according to a draft seen by MLex....

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