Europe warns Trump of firm action as US tariff threat looms

EU trade chief sees "no justification for sudden, unilateral tariff increases" by United States

By
AFP
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European Commission vice-president Maros Sefcovic speaks during a press conference after a General Affairs Council with the Portuguese European Affairs Secretary, held by video conference at the EU headquarters in Brussels, Belgium February 23, 2021. — Reuters
European Commission vice-president Maros Sefcovic speaks during a press conference after a General Affairs Council with the Portuguese European Affairs Secretary, held by video conference at the EU headquarters in Brussels, Belgium February 23, 2021. — Reuters
  • "It is very definition of win-win partnership," says EU chief.
  • If US imposes tariffs on EU products, this will create unnecessary barriers: Sefcovic
  • Sefcovic’s trip comes after Trump threatened sweeping "reciprocal tariffs".


WASHINGTON: The European Union’s trade chief stated on Wednesday that the bloc will act "firmly and swiftly" to protect its interests if the US imposes tariffs on EU goods, firmly rejecting President Donald Trump’s claim that the US trade relations with the EU are unfair.

"It is the very definition of a win-win partnership, and there is nothing unfair," Maros Sefcovic added, as Europe prepares for heightened tariff tensions with the United States.

Speaking at the American Enterprise Institute on Wednesday, Sefcovic said the EU sees "no justification for sudden, unilateral tariff increases" by the United States, adding that businesses rely on economic stability and predictability on both sides.

If the United States imposed tariffs on EU products, this would create "unnecessary barriers" to exports, farming businesses, and workers on both sides of the Atlantic, said Sefcovic, who is European Commissioner for Trade and Economic Security.

"To protect European interests, we will have no choice but to respond firmly and swiftly," he said, ahead of talks with his US counterparts.

But he stressed that the bloc will do its best to avoid such an outcome.

Sefcovic’s trip comes after Trump has threatened sweeping "reciprocal tariffs" on allies and adversaries, taking aim at the EU for being "absolutely brutal" in trade ties with the United States.