Trump blasts European Union over 'unfair' trade policies
- Author: Jon Douglas Jan 30, 2018,
Jan 30, 2018, 1:05
The EU responded swiftly to Trump, who said that he had many problems with the EU and that it could "morph into something big" on trade.
The European Commission has issued a warning shot that it will react "swiftly and appropriately" if the United States starts a trade war with it.
In an interview with Piers Morgan on ITV, Mr Trump explained how as a businessman he had encountered problems with the European Union as the bloc had made it hard for him to set up golf courses.
The president has always complained about other economies taking advantage of Washington by means of "unfair" trade practices.
But the European Union hit back and warned Brussels stands ready to respond to any restrictions on trade from the US.
The rhetoric has not yet translated into substantial action, but the Trump administration's efforts to crack down on what it perceives as unfair trade now appear to be gaining momentum.
If there's no wall, there's no DACA fix Trump appears to call out Samsung over missing Federal Bureau of Investigation text messages Trump Commerce pick told lawmakers he would look at reversing Obama move on internet oversight: report MORE in a new interview on Sunday hinted at possible retaliatory moves over what he called the European Union's "very unfair" trade policies.
"They're not the only ones, by the way".
"The European Union stands ready to react swiftly and appropriately in case our exports are affected by any restrictive trade measures from the United States", Margaritis Schinas, chief spokesman of the commission, the 28-nation EU's executive arm, told reporters on January 29 in Brussels.
"Many countries are puzzled a little bit about the lack of leadership from the United States", Malmstrom said. In comments on the subject, Schinas stated that for Europeans "commercial policy is not a zero-sum game"; it does not go winners and losers, he said. "They are disengaging from the global scene; that leaves a place open for the European Union to show that we can do good trade agreements". He announced previous year he would withdraw from the Trans-Pacific Partnership, a multilateral trade agreement with Pacific Rim countries, and has threatened to do the same with the North American Free Trade Agreement (NAFTA).