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President of the European Commission: The EU will "negotiate at eye level".
The President of the European Commission, Jean-Claude Juncker, will confidently start a trade dispute with Donald Trump and hope for an offer from the US President. "We are not sitting on the dock here, so we do not have to defend ourselves," Juncker said in a ZDF interview before visiting the White House on Wednesday night.
"It is also possible that Mr. Trump also has something to offer."
The German government challenged Juncker and his delegation to a firm stance in the trade dispute. The German economy fears billions in the case of taxes on cars. Meanwhile, economists have come out in favor of new negotiations on a transatlantic free trade agreement.
million. Juncker pleaded not to raise tariffs and "calm the situation," said Trump, "the EU must take countermeasures.We are ready for this, we do not have it in our luggage but in our head, we are able to react adequately immediately. "The EU" will negotiate at eye level ". As for the results of the interview, he was "not too optimistic". Previously, Juncker had made it known that he would go to Trump without a concrete offer.
The EU must defend itself and not get blackmailed
German Foreign Minister Heiko Maas gave a clear action recommendation to Juncker. "The EU must defend itself and not get blackmailed," said SPD politician of the Spark Media Group. "We must keep the EU together and defend ourselves with confidence against punitive tariffs." If Trump imposed other tariffs, the EU would be forced to take countermeasures from Maas' point of view.
Foremost, the goal of the EU is to prevent Trump from introducing special tariffs on car imports. Above all, they would affect the German economy much more than the already applicable taxes on steel and aluminum products. Trump establishes its additional functions "with national security interests". However, the EU considers that this is incredible and badumes that the goal is to protect the US economy from undesirable competition.
In the German economy, worries are increasing. "If the US imposes the tariffs threatened on imported cars, this would represent an additional burden of about five billion euros for German companies in the first round," said Eric Schweitzer, chairman of the DIHK , "Pbadauer Neue Press"
. The organization of US auto suppliers is about to meet resistance in their own country before meeting with European leaders: "All car manufacturers, whether they be domestic or foreign, are opposed to tariffs," he said. said Ann Wilson, vice president of the badociation. Mema, the "Handelsblatt" (Wednesday), said that many US auto companies were suffering from fraud, and electrical and garden equipment manufacturers have also turned to Trump, with representatives in Washington claiming that companies had already stopped production.
Customs are the biggest!
Trump enters the negotiations with blatant threats. the biggest! ", he writes on Twitter on Tuesday, only" fair trade agreements "are an alternative.What he means by that was not clear.Trump had ended the TTIP negotiations between EU and the United States, which should eliminate tariffs and other barriers to trade.
The German Institute for Economic Recovery and Ifo are now in favor of further negotiations on the TTIP, "I hope that US President Trump and the President of the European Commission, Mr. Juncker, will agree on a broad free trade area," said DIW's president, Marcel Fratzscher, of the German press agency
– a chance for new TTIP calls, but Juncker and Malmström should show that Europe is ready to "sweep even on their doorstep", said Ifo's trade expert, Gabriel Felbermayr, at the SWR, Brussels must admit that the rights Its of customs of Europe on cars, but also those of the agro-food industry, are high.
Resistance came from the left. "Neither the TTIP nor the fear of heavier taxation of US companies help Jean-Claude Juncker in the trade war with Donald Trump," said group vice president, Fabio De Masi. A free trade agreement supports the German auto industry, but is not in the interest of French or Italian farmers.
On Wednesday night, Trump pushed another suggestion on Twitter. The United States and the European Union could lift all tariffs, trade barriers and subsidies. I hope they will, we are ready – but they will not do it! "
Trump also began a trade dispute with China and other trading partners, In order to mitigate the consequences for domestic farmers, the US government on Tuesday announced emergency badistance ranging from up to twelve billion dollars (up to 10 billion euros).
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