EU vows to defend economy as Trump eyes EU tariffs
The European Commission has announced its intention to defend the EU's interests if the new U.S. President, Donald Trump, imposes the previously announced tariffs on the EU. "The agreement will make it easier to invest in each other's markets, supporting more companies to invest and set up business operations," stated Olof Gill, the Commission's spokesperson in Brussels.
The European Commission was queried on Friday about its strategy in light of the recent discussions between Trump and Danish Prime Minister Mette Frederiksen concerning tariffs and Greenland. On Monday, January 20, Trump is set to be inaugurated as the 47th President of the United States. His return to the White House has stirred significant emotions, particularly regarding the issues at hand.
Trump announced tariffs on the EU, and the Commission responds
Paula Pinho, another spokesperson for the European Commission, commented that they had heard the statements regarding Greenland, including certain threats, and remembered them well. She explained that they were not taking further action at the moment and were waiting for the incoming administration to officially take office soon. Once that happened, she added, they would assess any specific actions that might materialize and respond accordingly.
Olof Gill, the spokesperson responsible for trade, added that the European Commission is updating its trade agenda by implementing tools designed to protect the EU's interests, its companies, and member states.
The Commission's spokesperson stated that, although they did not intend to provide hypothetical answers to what was still a hypothetical possibility, they could reassure member states that the European Commission was prepared for all outcomes. The spokesperson emphasized that their goal with the new administration was to engage constructively to find a mutually beneficial solution. However, they also noted that the Commission was prepared for other scenarios and, if necessary, would defend its interests, companies, and member states.
Gill emphasized that the EU has a range of trade defense tools to cope with economic coercion and unfair competition that undermine equal opportunities. However, he refrained from discussing specific details.
Danish Prime Minister discusses Greenland with Trump
Danish Prime Minister Mette Frederiksen reiterated to Trump the statement made by Greenland's Prime Minister Mute Egede, who asserted that the island, currently dependent on Denmark, is not for sale and will independently decide on its own future regarding independence. Frederiksen assured Trump that the EU and the United States have a mutual interest in strengthening trade relations.
This was Frederiksen's first conversation with Trump following his earlier statements suggesting an interest in acquiring Greenland. He did not rule out the use of force or economic pressure on Denmark in the form of tariffs.
