US EditionEU's Dombrovskis says EU prefers negotiated solution on trade with US
- Dombrovskis stated that the EU prefers a negotiated solution with the U.S. on trade, while counter-measures remain an option if discussions fail.
- He estimated that U.S. tariffs could reduce the EU's GDP by 0.2 percentage points this year and next, assuming no further escalations.
- The EU has trade agreements with 76 countries and continues to negotiate new partnerships globally, including with India and Thailand.
- Dombrovskis emphasized the EU's focus on strengthening its economic security and its commitment to support Ukraine against Russian aggression.
18 Articles
18 Articles
According to Economic Commissioner Dombrovskis, the European Union wants to continue to work with the US on trade issues.
Valdis Dombrovskis insisted that Washington and Brussels should have even more need of one another "in an increasingly confrontational and competitive world." On the other hand, French economic minister Eric Lombard said he was "convinced that the current period of turbulence is temporary".
EU Commissioner Valdis Dombrovskis: With the rules-based order in question, Europe’s ‘boring democracies’ offer ‘certainty and a safe haven’
At an Atlantic Council event on the sidelines of the IMF-World Bank Spring Meetings, the commissioner talked about the EU-US relationship, saying the bloc won’t give up on its transatlantic partner.
Denver Gazette
EU's Dombrovskis says EU prefers negotiated solution on trade with US
WASHINGTON (Reuters) -The European Union's first preference is to reach a negotiated solution with the United States over trade, but if discussions do not lead to a solution, the EU will respond with countermeasures, European Union Commissioner for the Economy…
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