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October 22, 2019

The EU is ready to respond to US trade restrictions

TrumpThe European Commission (EC) believes that everyone can benefit from trade policy, revealed the institution in the lunch briefing in Brussels. The commentary comes on the background of an interview with US President Donald Trump, who said on a weekend that the European Union (EU) is leading a “very dishonest” trade policy.

“For us, trade policy is not a zero-score game, it’s not about winners and losers”, said the spokesperson of the European Commission, Margaritis Skinas. “For the EU, trade issues need to be open and fair, based on rules”, added he.

“The EU is ready to react quickly and adequately if our exports are affected by any restrictive trade measures imposed by the US”, said Margaritis Skinas.

However, he refused to clarify whether there are signals in Brussels that Washington is preparing any measures against European goods, as well as giving more details on what a “quick and adequate” response would mean.

During the briefing was recalled that the EU and the United States have ceased negotiations on the signing of the Trans-Atlantic Partnership (TAP). The EC is currently trying to analyze when and how these talks can be resumed.

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