US politicians urge president to challenge EU corporate sustainability laws which they claim undermine US jurisdictional sovereignty
WASHINGTON DC - Leading Republican politicians in the US are calling on the Trump Administration to take action against the European Union's (EU) corporate sustainability legislation.
They accuse the EU of undermining US jurisdictional sovereignty through new and pending legislation because it imposes reporting requirements on US companies trading in Europe with penalties of up to 5% of global turnover for those that fail to comply.
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