The president of the EU Commission, Ursula von der Leyen, said on Monday that the block has offered a “zero rate for zero” commercial agreement on industrial goods with the United States in an attempt to avoid a complete commercial war.
While the EU chief continued to condemn the measures of reciprocal rates and acted by the president of the United States, Donald Trump, to rectify the long -standing transatlantic commercial imbalance, since the pressure of the markets began to take shape, von der Top Eurocrats Express.
“We are ready to negotiate with the United States,” said the EU president. “We have offered zero tariffs for zero for industrial goods, as we have successfully done with many other commercial partners. Because Europe is always ready for a good treatment. So we keep it on the table.”
However, the German politician did not approach other important areas or groups expressed by the Trump administration, such as the restrictions on American food imports or, perhaps more significantly, on EU tariffs against the time that is kept in the taxed engine when sent to the United States.
Von der Leyen warned that Brussels is “prepared to respond through countermeasures and defend our interests if the commercial dispute continues.” The EU chief said that Brussels will adopt a two -pointed approach to Trump’s rates, first of all by reducing internal barriers inside the block, instead of reducing the barriers more with the United States and “diversifying” European business partners.
“That is why we are deepening our relations with our business partners: you already know the agreements we have made with Mercosur, Mexico, Switzerland, and we are working with India, Thailand, Malaysia, Indonesia and others. Companies for all Europeans in the European Union and beyond,” he said.
Meanwhile, speaking separately at a meeting of economic ministers in Luxembourg, the best commercial envoy of the EU, Maroš Šefčovič, said the “current commercial situation with the United States, our most important partner, is in a difficult place.”
The Slovak politician said that approximately 70 percent of EU exports to the United States, or around € 380 ($ 414) billion, face tariffs between 20 and 25 percent. ŠEFčovič said this would amount to 80 billion euros in Washington tariff tasks, above the previously taxed € 7 billion.
Tariff shock continued to rock European markets on Monday, with the Eurostoxx 600 index falling by approximately five percent at noon. This perhaps acted as a impetus for the Eurocrats to obtain obese to Trump’s White House to express bleeding.
Like von der Leyen, šefčovič offered some potential areas of cooperation, saying that “the EU-US-a trade relationship could be a new aspect and an impulse in strategic areas.”
“We face similar challenges, for example, excessive global driven by practices that are not market, the career for semiconductor leadership or obtaining critical minerals. If we join, we could buy a true traveler.
However, the Eurocrat also spoke of a “paradigm shift” in which Europe should look beyond the United States, asking for greater “diversification” through the strengthening of commercial ties with countries such as Indonesia, Thailand, Philippines and Gulippins.
ŠEFčovič also spoke of “re -evaluating” the commercial relationship of the block with communist China, which is currently erected as the main importer of the EU, with a commercial imbalance of € 292 ($ 318) billion. Reflecting some of the demands that the United States has made in the EU, which has a commercial surplus of € 197 ($ 215) billion with the United States, šefčovič said that Brussels will press Beijing to increase the access field to the EU market. “
On the other side of the Atlantic, President Trump has a heroes firm about his commitment to rebalance global trade in favor of the United States, writing about the social truth on Sunday night: “We have mass financial deficits with European producers. With rates, which are now bringing tens of billions of dollars to the US. UU. They are already in effect and a beautiful thing to contemplate.
“The surplus with the thesis countries has grown the ‘Presidency’ or the dream Joe Biden. We are going to reverse and reverse it quickly. Someday people will realize that the tariffs, for the United States of America, are something very beautiful!”
