New era: Ursula von der Leyen spoke in Davos the day after inauguration of President Donald Trump in the USAwhich at the beginning threatens to the left and right to impose duties on goods. There is a serious fear of the outbreak of the US trade war with the European Union. “Europe has entered a new era of sharp geostrategic competition and will have to act together,” said von der Leyen.
Global “DNA” race? The head of the EC emphasized that Europe must cooperate Avoid the global “Race to DNA”. In her opinion, the use of sanctions, export control and duties will probably be more frequent and “to Europe could maintain economic growth In the next quarter of a century, he must change the gear ” – they quote von der Leyen Reuters.
Huge deficit: Trump threatens the European Union at the closure, because Deficit in trade exchange It is huge. For example, in 2023, EU countries exported goods worth EUR 502 billion to the USA. However, the import of goods from the USA to the EU EUR 344 billion. Von der Leyen emphasized that Both sides have a lot to lose. – Our first priority will be to discuss common interests and readiness to negotiate – said “The Guardian”.
The EU has been getting ready for a long time: The European Commission, which manages the commercial policy of the EU Member States, has been preparing for the new US president since last summer. “Details of her answers to potential duties However, they are closely guarded and depend on what the new president will do, “says the British daily.
Method “stick and carrots”: It is known, however, that EC will want to use the “stick and carrot” method. “Stick” will be EU retaliation dutieswhile “carrots” include Purchase offers to buy more goods from the USA. Ursula von der Leyen previously proposed, among others, that the EU could buy more liquefied natural gas than the USA, so as to replace LNG previously bought from Russia.
See also: What about US-China’s relations? More in the text .
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Source: Gazeta
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