After President Trump imposed prices in Canada, Mexico and China, worrying about the world of a trade war, the EU expects and hopes that it will not be the next one.
The decision of American president Donald Trump to impose prices in Canada, China and Mexico has raised concerns around the world concerning a possible world war in trade.
And the European Union looks particularly closely because Trump has already pointed out its intention to impose prices in the block.
A spokesman for the European Commission – who did not provide any name – told Euronews on Sunday that the EU “regrets the American decision to impose prices in Canada, Mexico and China”.
“For the moment, we are not aware of the imposition of additional prices on EU products. Our trade and investment relations with the United States are the most important in the world. The issues are high. We must both seek to strengthen this relationship, “said the spokesperson.
The European Commission previously declared: “Generalized tariff measures increase the costs of the company, injure workers and consumers. The prices create unnecessary economic disturbances and promote inflation. They are harmful to all parties ”.
The spokesperson continued by explaining that open markets and compliance with international trade rules “are essential for strong and sustainable economic growth” ”
“The EU firmly believes that weak prices promote growth and economic stability within a solid trade system based on rules. However, the EU will firmly respond to any trading partner who unfairly or arbitrarily imposes on prices on EU property, “he concluded.
EU leaders reject the prices
“The global exchange of goods and raw materials turned out to be a great success that brought us prosperity, which is why it is important not to divide the world with many obstacles to customs,” said the German Chancellor Olaf Scholz after meeting the meeting with British Prime Minister Keir Starmer in the United Kingdom.
Italian Minister for Foreign Affairs Antonio Tajani echoes Scholz. “The tariff war is not good for anyone. … We have ideas and strategies to protect our businesses with Italy being the best EU ambassador in dialogue with Washington.”
The French Minister of Industry Marc Ferracci told France Info that the EU should have a “biting” response if prices were placed there.
“The answer must focus on important products” and “it must be” biting “, which means that it should have an impact on the American economy to have a credible threat in negotiations.
He also suggested that the EU should present “Buying in Europe” legislation.
Polish Prime Minister Donald Tusk published a video on X saying that there was “a concern but not out of fear”.
And in an interview with Euronews a few days ago, the president of the European Council Antonio Costa warned that the EU is ready to defend his interests in the event that Washington imposes prices.
“The United States will defend its interests and Europe will defend its own, that is part of international relations. I think it is not necessary to anticipate or dramatize problems. We must deal with them for what They are: the problems that must be resolved, “said Costa.