EU Unites Against Trump on Iran With Moves to Counter Sanctions - Bloomberg

EU Unites Against Trump on Iran With Moves to Counter Sanctions - Bloomberg:

"The European Union’s 28 leaders came to Bulgaria this week to deepen ties with partners in the east. They left preparing defenses against the “America First” policies of U.S. President Donald Trump. On Friday morning the European Commission, the EU’s executive arm, will begin putting a so-called blocking statute in place to shield European companies doing business with Iran from U.S. sanctions. It’s the first time in more than two decades that the measure is being invoked. The deepening rift in trans-Atlantic ties was the main takeaway from the Bulgarian capital of Sofia, where leaders rallied in defense of the rules-based international system and vowed to confront what EU President Donald Tusk called Trump’s “capricious assertiveness.” The EU agreed to throw its weight behind the Iran nuclear deal that Trump quit and pledged to suspend trade talks with Washington until the bloc is granted an unlimited exemption from his threatened steel and aluminum tariffs."



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