Lombard said that a new partnership with Washington should also be based on reciprocal investment, law and sustainability.
President Donald Trump stuck the prices on all imports in the United States earlier this month before going back in the middle of financial disorders, suspending the highest rates offered for 90 days to create an opening to negotiate a trade agreement. Lombard said he hoped that the EU and the United States could avoid the trade war with a “win-win” solution, but also stressed that the EU worked “on a targeted and measured response, in case we could not conclude an agreement quickly”.
The olive branch comes after the French president Emmanuel Macron earlier this month urged European companies to stop investing in the United States in response to the prices.
The new Chancellor of Germany, Friedrich Merz, had previously raised the idea of ​​concluding an EU-US trade agreement, which had also been launched by his predecessor Olaf Scholz.
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