Hypocrisy: EU seeks aid from WTO for Russian sanctions that hurt their economy
The most important thing to remember about economic sanctions is that they are used by a nation against another to achieve political, not financial goals. Thus America's use of sanctions on countries like Iraq, Iran, Syria, and now Russia are all intended to put pressures on those nations to force them to capitulate to U.S. will. But for the first time in decades, U.S. sanctions against another nation have been met with unforeseen consequences. And on Oct. 31, the victim of this collateral damage is choosing to not go after the originator of the economic 'weapons of mass destruction', but after the one country that the sanctions were intended to be primarily focused upon. In a formal complaint made on the last day of October to the World Trade Organization (WTO), the European Union is seeking assistance from the global institution to intervene against Russian tariffs placed upon EU products, and try to reverse the effects of retaliatory sanctions put upon them for standing with the U.S. in their proxy war against the Eurasian state.