Rehn calls for unified EU response to Trump’s tariffs and shared defence

Rehn calls for unified EU response to Trump’s tariffs and shared defence

Bank of Finland Governor Olli Rehn has urged the European Union to adopt a coordinated response to escalating U.S. trade measures and to enhance collective defence spending amid rising global tensions. Speaking at the midterm planning meeting of Finland’s coalition government on Tuesday, Rehn said that tariffs introduced by U.S. President Donald Trump pose a direct threat to economic growth in Europe.

Bank of Finland chief urges unified EU stance on US tariffs and defense

The PVV, long vehemently opposed to cooperation with the EU, is now calling for a joint European approach against US trade tariffs. Minister of Foreign Trade Reinette Klever (PVV) is lobbying in Brussels to protect the economic interests of the Netherlands.

Rehn urges unified EU stance on US tariffs, defense

Bank of Finland Governor Olli Rehn on Tuesday emphasized the necessity for Europe to adopt a unified position not only on defense but also in response to the evolving U.S. tariff policies, reported Xinhua. "According to our estimates, U.S. tariffs and the subsequent countermeasures could significantly reduce Finland's projected growth this year," Rehn said at the midterm planning meeting of Finland's coalition government. He warned that the ongo…