EU to file dispute against US tariffs with World Trade Organization

By: cryptosheadlines|2025/05/08 22:15:02
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The European Union is taking formal steps to challenge the United States over its tariff policies, announcing Thursday that it will file a case with the World Trade Organization. The dispute centers around the US’s imposition of tariffs on cars and car parts from the EU, which Brussels sees as a “clear violation of international trade rules.”According to a statement from the European Commission, the bloc will initiate the process by formally requesting consultations with the US through the WTO’s dispute settlement mechanism. The Commission claims that US tariffs have breached WTO rules, vowing to “reinstate” the legitimacy of multilateral trade agreements.“It is the unequivocal view of the EU that these [US] tariffs blatantly violate fundamental WTO rules,” the Commission stated. “The EU’s objective is thus to reaffirm that internationally agreed rules matter, and these cannot be unilaterally disregarded by any WTO member, including the US.”Tariff dispute escalates, EU prepares countermeasuresThe Trump administration has threatened a 20% reciprocal tariff on all imports from the EU and implemented a 25% tariff on all imported vehicles, directly affecting European automakers.European Trade Commissioner Maros Sefcovic said at a press conference Wednesday that the EU could negotiate for a resolution, but it is preparing for “any scenario.”In parallel with the WTO filing, the Commission has opened a public consultation on a list of US products that could be hit with countermeasures if talks fail. The targeted goods span industrial and agricultural sectors and are valued at €95 billion ($107.4 billion). The bloc drew up a 200-page list of more than 4,800 US products that could face tariffs, including passenger cars, medical devices, chemicals, plastics, and agricultural products. Bourbon and other American spirits have also reappeared on the list, reportedly after pressure from France and Italy, which had earlier lobbied to exclude them to avoid provoking a stronger response from Trump on their own wine exports.According to Eurostat data, European bloc imports of the targeted goods totaled over €109 billion ($123 billion) in 2024. Among them, aircraft accounted for the largest share at more than €13 billion, followed by automobiles at €7 billion.In addition to retaliatory tariffs, it is weighing restrictions on exports of scrap steel and certain chemical products to the US, which could affect roughly €4.4 billion ($5 billion) in trade.As reported in late April by Cryptopolitan, the union temporarily suspended some of its retaliatory measures introduced earlier in April to give diplomatic efforts a chance. That package targets €21 billion ($24.1 billion) worth of US goods with potential 25% tariffs, affecting sectors like agriculture and textiles.Commission President Ursula von der Leyen reiterated that the bloc prefers diplomacy. “The EU is ready to find negotiated outcomes with the US. We believe there are good deals to be made for the benefit of consumers and businesses on both sides of the Atlantic,” von der Leyen said in a Thursday statement.EU eases car emission rules to boost domestic industryThe European bloc approved an initiative this week that involves loosening emissions regulations to give carmakers flexibility in meeting carbon targets.Under a scheme proposed in March by Commission President von der Leyen, manufacturers will now be able to average vehicle emissions over a three-year period from 2025 to 2027. Previously, companies faced fines if they missed the emissions target in any single year. The change was approved in Strasbourg with a majority of 458 to 101 votes.The European Automobile Manufacturers’ Association (ACEA) said the reform was a “much-needed flexibility” in meeting CO2 targets in their transition toward zero-emission mobility. “This is incomprehensible. It is yet another step back in the fight against climate change,” said Bricmont, who represents Belgium.Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your SpotSource link

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.


Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.


Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps


Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.


The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position


The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.


Social-Native Trading: Strategy and Execution Completed in the Same Context


Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying


On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.


By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.


Referral Mechanism: Non-institutional users can receive up to 60% fee split


Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings


This model aims to drive user-driven network expansion and organic growth.


Self-Custody Architecture and Built-in Privacy Mechanism


Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:


· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure


The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.


A New Path for On-Chain Derivatives


Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.


The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.


Regulatory Background


Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.


This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."


The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.


About Mixin


Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.


Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication


Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.


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