EU warns trade war with USA boosts China's power
The head of EU diplomacy, Kaja Kallas, stated on Thursday in Brussels that a trade war is disadvantageous for everyone, and "if we have a trade war between the US and the EU, then who is laughing out loud? It is China."
Kallas commented on the emerging threats of the USA imposing 20-percent tariffs on EU products.
"There are no winners in trade wars, that is very clear," Kallas said. She added that in the event of an EU-USA trade war, China would benefit the most.
"The EU and USA should stick together," said Kallas, who will participate in the meeting of EU leaders. Politicians will discuss support for Ukraine and relations with the USA following Donald Trump's return to the White House.
Peace in Ukraine?
Regarding support for Ukraine, the head of EU diplomacy stated that any pressure to accelerate peace talks with Russia would be detrimental to Kyiv. She added that the EU must be unanimous on this issue because its actions are being closely watched by global partners.
Kallas emphasized that the EU should not underestimate its strength because recent events in Syria have shown that Russia is not invincible. Moscow supported the regime of Bashar al-Assad, which was overthrown by rebels. However, the Estonian warned that the EU needs unity because countries like Russia, Iran, North Korea, and China are consolidating to challenge the current world order.
In response to journalists' questions about Georgia, Kallas admitted that at the last meeting of EU foreign ministers, which took place on Monday in Brussels, they were unable to agree on EU sanctions against the Georgian authorities, among other reasons, for repressing the opposition and peaceful demonstrators. However, she added that she intends to discuss with EU leaders what steps the EU should take against this country's authorities.
