“Any decisions will have global consequences”

Bossing in February he was in Washington, where he had trade talks with the American administration on behalf of the EU. A week later the president Donald Trump He announced the imposition on goods imported from the Union, including cars, 25 % objective.

The Commissioner stated on Monday that he hoped that “constructive dialogue would save painful duties and retaliation duties”.

– But it looks like The American administration is not interested in agreement. Well, as the saying goes: one hand does not clap – he commented.

He admitted that USA They look at their own interests, but he does the same European Unionwhich aim will always be to protect European entrepreneurs, employees and consumers through unjustified duties.

The bosses added that the Union still emphasizes that it wants to have a constructive and positive trade relationship from the USA and is convinced that none of the parties will gain on the duties, which will only be a burden for both companies and citizens. He noted that trading partners like the USA and the EU, where the value of bilateral trade in goods and services reaches EUR 1.6 trillion, should be particularly cautious.

– Not only because of our bilateral relations, but also because we are talking about contracts constituting 30 percent of global trade. Which means that any decisions will have global consequences – said bossovicz.

He added that the EU door to “responsible and constructive” trade talks from the USA remains open.

The politician reminded that if he were to assess the existing trade relations on the EU-US line, they were characterized by balance and profits for both sides. The Commissioner noticed that European companies are the largest foreign investors in the USA and are extremely contributing to development American economyeven by creating new jobs. Also American companies are able to generate significant revenues by investing in the EU, which is a “large, unified, stable and predictable for business” market.