EU mulls retaliation over Trump tax overhaul

European countries may fight back against U.S. President Donald Trump’s tax overhaul by arguing that it breaches World Trade Organization (WTO) rules, finance ministers said Tuesday.

Their tough rhetoric came after the ministers gathered in Brussels to discuss a response to the U.S. reform, which many Europeans say unfairly favors American trade interests over their own.

Amid wider divisions over exactly how to proceed, French Finance Minister Bruno Le Maire — who’s been a major advocate for European taxes on big tech companies — said that countries and EU institutions were examining whether Trump’s tax overhaul broke WTO rules.

If it had, Europe would retaliate.