EU Voices Readiness to Respond to Potential US Tariff Threats
“We are neither naive nor defenseless. We have instruments at hand,” Merz stated before the gathering of business leaders. “To counter unfair practices, we will use them, if necessary.”
His remarks highlighted the EU’s determination to safeguard its economic interests against what it perceives as unjust trade actions.
Merz pointed to the tense confrontation last month between Washington and European capitals concerning Denmark’s Arctic region of Greenland. He observed that US President Donald Trump ultimately stepped back from introducing extra tariffs after EU officials demonstrated solidarity and cohesion.
“You might remember what happened in this famous week of Davos,” he remarked, alluding to the urgent meeting EU heads of state organized to devise potential retaliatory steps.
“As long as the American government was on the way to implement new tariffs on the European partners, we were ready to act.”
“And if the Americans had not withdrawn until then, their threat of new tariffs, we were ready to implement these countermeasures,” Merz added. “Again, we are not naive and we are not defenseless.” He stressed that the European Union’s strength lies in unity, emphasizing that collective action enhances its influence and resilience.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.