Quotes
We're currently discussing it, and in such cases, the response must be made public as soon as it's decided,
French Finance Minister Eric Lombard said on Friday
If they're going to go after our goods surplus, then we'll look at the services surplus,
an EU official saidEurope has everything it needs to make it through this storm. We are in this together,
EU chief Ursula von der Leyen said_-_Vice_president-designate_-_interinstitutional_relations_and_foresight._(48821461522)_(cropped).jpg)
We are prepared to implement firm, impactful but proportionate countermeasures,
EU trade chief Maros Sefcovic said on ThursdayWe will react in areas where it hurts the United States,
a senior EU official saidWe love soybeans, but we can get them from Brazil,
the official said
There is not much that either fiscal or monetary policy can do in the short term to offset the trade shock,
Deutsche Bank economist Robin Winkler said
Forging alliances ... is the order of the day,
German Economy Minister Robert Habeck said, singling out Mexico, Canada and India where closer trade relations would make senseWe need to strengthen our coordination with ASEAN, Japan, South Korea, EU and UK,
said one Chinese adviser, speaking on condition of anonymity because of the issue's sensitivityIf they keep pushing protectionism and sticking to this one-sided perspective, I don't see them coming back to the WTO for multilateral negotiations anytime soon,
said Marco Molina, of consulting firm Molina & Associates and former deputy permanent representative of Guatemala to the WTOVietnam will likely prioritise negotiations to avoid an economic shock."
But, ... he addedThis strength is also built on our readiness to take firm countermeasures. All instruments are on the table,
Von der Leyen said Tuesday, a sentiment she reiterated on Thursday
Whereas the EU will probably not retaliate significantly now, it will likely threaten to do so if negotiations do not yield a result by mid-year,
he said.jpg)
We will not join a race to the bottom that leads to higher prices and slower growth."
Prime Minister Anthony Albanese said
Trump’s tariffs are likely to divert a massive amount of Chinese exports into the E.U.”
Noah Barkin, a senior adviser at the Rhodium Group in Berlin and a specialist on China, said
There’s two ways that this could play,
said Theresa Fallon, an analyst at the Center for Russia, Europe, Asia Studies in BrusselsWe will also be watching closely what indirect effects these tariffs could have, because we cannot absorb global overcapacity, nor will we accept dumping on our market,
Ms. von der Leyen warned in her televised response on Thursday to the Trump tariffsWe must engage constructively with China,
Ursula von der Leyen, who heads the E.U.’s executive arm, said during a speech in Davos, Switzerland, in JanuaryThe bloc is likely to throw its entire trade policy toolbox at Beijing in response,
he addedAnd this pressure now needs to be unfolded, from Germany, from Europe in the alliance with other countries, and then we will see who is the stronger one in this arm wrestle,
Habeck said