7 hours agoThe EU calls for respect after Trump threatened 50% tariff: We will protect our interests
Periskopi(a year ago)
(a year ago)The European Union's chief of trade said the 27-member bloc is committed to securing a trade agreement with the US based on “respect” and not on “threats”. This comes after US President Donald Trump threatened to impose a 50% fee on all goods sent to the United States by [...]
The European Union's chief of trade said the 27-member bloc is committed to securing a trade agreement with the US based on “respect” and not on “threats”.
This comes after US President Donald Trump threatened to impose a 50% fee for all goods sent to the United States by the EU.
“The EU is fully committed, committed to ensuring an agreement functioning for both”, EU Trade Commissioner Maros Sefcovic said after a call with US Trade Representative Jamison Greer and Trade Secretary Howard Lutnick.
The EU-US trade is matchless and should be guided by mutual respect, not by threats. We are willing to defend our interests”.
Earlier Friday, Trump expressed impatience at the pace of ongoing trade negotiations B E-US, saying his plan to raise tariffs on June 1st was set, writes BBC, broadcast Gazeta Express.
Posting on his platform “Truth Social”, Trump said: Our “settings with them (BE) are going nowhere”, adding that there will be no tariffs for US-made or built products.
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The EU is one of Washington's biggest trade partners, sending more than $600 billion (U.S.) to goods last year and buying $370 billion, the US government figures show. /Periscope.
