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European Union flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, April 26, 2018. Kai Pfaffenbach
European Union flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, April 26, 2018. Kai Pfaffenbach
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EU ready to react to any renewed US trade tensions under Trump, ambassador says

November 22nd, 2024 | 15:19 PM BUSINESS 1

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By Reuters

The European Union is prepared to react to any renewed trade tensions with the United States that may emerge under President-elect Donald Trump's second administration, the EU's ambassador to the U.S., Jovita Neliupšienė, said on Friday.

Neliupšienė, speaking to reporters during a press briefing, did not specify actions to respond to Trump's vow to impose tariffs of 10%-20% on all U.S. imports, including from the EU. She said that the U.S. will need to cooperate with the EU and other allied trading partners to effectively confront China's non-market economic practices.

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