EU competition chief Teresa Ribera criticized President Trump's actions as disruptive to EU-U.S. relations and emphasized the need for Europe to provide stability and predictability. While acknowledging the importance of negotiating with the U.S. regarding trade concerns, she asserted that the EU must not alter its legislation. Tensions have escalated due to Trump's tariffs on steel, aluminum, and more, with Ribera arguing that such unpredictability is harmful for businesses. Despite criticisms from Trump, Ribera defended EU measures, asserting they ensure fair competition and are not bullying tactics.
The EU needs to negotiate with the White House and listen to concerns about trade, but shouldn't be forced to change laws passed by its lawmakers.
Ribera emphasized that the measures taken by the EU are not an act of bullying but are necessary for maintaining fair competition and ensuring market stability.
The ongoing tariffs introduced by the U.S. create a lack of predictability, which is detrimental to companies looking for a stable business environment.
The European Commission stated it will respond strongly and immediately to the tariff increases imposed by Trump, reflecting the rising tensions in transatlantic relations.
Collection
[
|
...
]