The world order “has changed more deep than at any time since the end of the Cold War,” added Von Der Leyen.
Trump announced reciprocal prices on April 2 – reaching the EU with a 20% sample and most of the rest of the world with a basic price of 10%. While the financial markets had melted a week later, Trump suspended the higher prices for 90 days to open the way for talks on a trade agreement.
In the case of the EU, it always pays this rate of 10%, as well as 25% on exports of steel, aluminum and cars – while the United States and China have struck with three -digit prices. If Trump repimologizes these reciprocal prices, the world trade in goods could decrease by 1.5% this year, with the hardest forecasts in North America, the forecasts of the World Organization.
Von der Leyen contrasted this volatility by playing the constancy of Europe. In the midst of these upheavals, confidence in the EU was increasing, she argued, including own citizens of the block, referring to a Eurobarometer survey showing support for membership of the 74%block, its highest level in 40 years.
“That said something. In the middle of chaos, Europe is firm, based on values, ready to shape what comes then,” said Von Der Leyen.
However, it is not clear if the approach of the United States or the EU wins.
Politices
