EU ready to react to any renewed US trade tensions under Trump, ambassador says

EU ready to react to any renewed US trade tensions under Trump, ambassador says

WASHINGTON (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.

This post appeared first on investing.com