US EditionEU: We’ll spend $50 billion more on U.S. goods—if Trump drops tariffs
6 Articles
6 Articles
DECRYPTAGE - In the face of the chaos created by the US President, Europeans are focusing on the attractiveness and stability of the single market, from which they want to remove internal barriers.
The EU is trying to avoid a trade war that would lead its economy. In this article, we explain how. The article World Economy: The EU ready to inject €50.4 billion to calm Donald Trump appeared first on Cointribune.
EU: We’ll spend $50 billion more on U.S. goods—if Trump drops tariffs
The European Union is ready to increase its purchases of American products by $50 billion to avoid a trade conflict with the US, but only if President Trump drops planned tariffs on European goods, EU Trade Commissioner Maroš Šefčovič stated in an interview with the Financial Times. Šefčovič also stressed that the key argument he presented to US officials was to take into account US exports of services to Europe, which would reduce the overall U…
Brussels wants to increase purchases of US products by 50 billion euros to solve the "problem" of the commercial relationship, he explained...
In view of the threat of US punitive tariffs, the EU Commission is offering the United States a trade offer of EUR 50 billion. Purchases of liquefied natural gas (LNG) or agricultural products such as soybeans from the USA could quickly contribute to the reduction of the bilateral trade deficit, said EU Trade Commissioner Maroš Šefčovič in an interview with the newspaper Financial Times.
Brussels is trying to avoid Trump pushing Europe into another tariff war by significantly increasing American imports.
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