Economics
EU Weighs When to Hit U.S. Products With Tariffs Approved by WTO
- Geneva-based trade body announces $4 billion award Tuesday
- EU seen holding off on new tariffs until after Nov. 3 election
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The European Union won World Trade Organization permission to hit $4 billion of American goods with tariffs but will likely hold fire until after the U.S. presidential election next month, according to three officials familiar with the EU’s thinking.