Exclusive — Rep. Craig Goldman's Bill Targets EU Rule Projected to Cost U.S. Businesses More Than $1 Trillion

Rep. Craig Goldman (R-TX) introduced legislation Thursday directing the United States Trade Representative (USTR) to investigate European Union sustainability regulations that the bill says reach beyond Europe and impose obligations on American companies, with possible remedies including tariffs, the suspension of trade-agreement benefits, or other actions under Section 301 of the Trade Act of 1974.