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- #Gate Ranks Top 4 Exchange#
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The EU supports prioritizing negotiations with the United States to persuade Trump to lift tariffs.
BlockBeats news, on April 7, Monday, EU ministers generally agreed that the EU should prioritize negotiations to persuade Trump to lift tariffs rather than retaliate, although the EU is preparing its first set of targeted countermeasures. Trade ministers held a meeting in Luxembourg to discuss the EU's response, and many expressed that the EU's top priority is to initiate negotiations with the United States to avoid a full-blown trade war. "We need to respond in a calm manner that de-escalates the situation. The current stock market shows what would happen if we escalate immediately. But if necessary, we will be prepared to take countermeasures to bring the Americans to the negotiating table," said Dutch Trade Minister Reinette Klever. However, negotiations with Washington have been difficult so far. (Jin10)