Because Trump develops global trade, Europe sees an opportunity
President Trump has great ambitions for the Global Trade System and uses tariffs to try to train and reconstruct. However, the European Union took action to make sure that the continent in the middle of the world’s best world.
As one The world’s largest And most of the most open economies, the EU trade rules have a lot of things in this line as suddenly passed. His companies benefit From sending machines abroad, pharmaceutical and machine. Consumers benefit from American search engines and external fuels.
These high stakes are not lost in Europe.
President of the European Commission of the EU, President of the European Commission Ursula Von Der Leien, held the last few weeks in calls and global leaders. Colleagues and colleagues have a sign of driving and existing trade agreements and shoot new ones. They discuss how the obstacles between individual European countries can reduce.
And they speak to China, this is trying to make sure that cheap metals and chemicals are not going to the European market as it has lost access to American customers due to high Trump tariffs.
This is an open strategy designed to leave the economic super power stronger and more and more and less. Ms. Von Der’s Leyen and colleagues regularly noted, the US consumer market is great – but not all.
“The United States is 13% of global goods,” Maros Sefjovic, the EU trade commissioner, the last speech is to protect the remaining 87 percent and make sure that the remaining part of the global trading system. “
Success is far from guarantee. The American is still a critical supplier of military technology and leadership for the world’s largest economy and Europe. There is no real hope to replace those roles in one night. Mr. Trump’s Pivotu is unlikely to be painless.
However, not a change option, because Ms. Von Der Leyen acknowledged in an interview with financial time this week.
“I want to say that never waste a good crisis,” he said.
Expansion of a friendly group.
Europe was clear that it would like to negotiate this with the United States. Mr. Sefjovic has traveled many times and plans to return to the United States on Monday. The goal is to “win the results of Win winner”, “Earnings”, European Commission spokesman Olof Gill said on Friday.
Block cars and other industries are carrots as to cut tariffs and purchasing American liquefied natural gas. If negotiations fail, this is revenge.
However, the efforts for a deal are only the 1st part of the strategy. Part 2? Find new friends.
Europe has spent time to re-elect Mr. Trump that tries to hit or improve trade relations with various partners. Negotiations were held with the authorities Mexican, India, South Korea, South Africa and Central Asiato name a few. The EU just announced that it would start Thursday Free Trade Discussions With the United Arab Emirates.
Mrs. Von Der Leyen also celebrated Carney’s CARNEY this week, CARNEY CARNEY.
“He once again confirmed the EU’s strong commitment to the open and predictable trade and work closely with Canada on the reforms of the global trading system,” he said. a comment.
To deal with China.
The EU and the United States will not be able to prevent the subsidy of the existing trading system, which can not allow other markets to other markets to be thrown into other markets.
And Ms. Von Der Leyen, the changes in trade rules were already inevitable.
This was the “goal” to “modernize, reform, and stabilize” – when the World Trade Organization comes to the rules of Europe’s dear rules.
Ms. Von Der Leyen stressed that Europe will be in the hour because the United States and China are spreading in a comprehensive trade war. China said China on Friday He raised the ratients from 84 percent to 125 percent to American goods, took revenge in the trade war between two super power.
European officials are concerned about the metals, chemicals and other products of Chinese companies, and other products to American customers, and other products will be sent to American customers. The EU has established “Import Observation Task Force“To make sure that this can find and answer and answer – potential discharge.
Ms. Von Der Leyen called on the Chinese Prime Minister this week, he called Beijing to negotiate with the United States and stressed that China should work on long-term structural solutions to redistribute trade relations AB said.
Some European leaders – Pedro Sánchez, the Prime Minister of Spain, even pushed increase Relationship in China and EU’s world. Experts will likely be strengthened under pressure on trade tensions between the two.
But will it work?
Again, the main strategy of Europe is clear: He is pushing for an agreement with the United States, but he hopes to change the world and hopes to go to success.
A question triggering Mr Trump of all new alliances? The US President has already been infected with social media about Europe’s deal.
“If the European Union is working with Canada to harm the United States, there will be large-scale tariffs and both larger than planned,” he said The truth wrote about social at the end of March.
So far, this danger seems to have done little to prevent conversations.
There is a reality that Europe trusts for more information than trading more than trading. Although American customers and raw materials can replace other markets, it is still important in the body of US military support, both war in both Ukraine and the North Atlantic Agreement.
But now, it accepts that the EU rules are rewritten. Given this, the leaders hold the pen, as they do their best to make sure that it happened.