The European Union is prepared to respond if the United States
The European Union is prepared to respond if the United States moves ahead with plans to raise tariffs on European cars and trucks, according to remarks made by Greece’s finance minister and Eurogroup president in an interview with Bloomberg.
Speaking to Bloomberg Television, he stressed that while dialogue remains the EU’s first choice, all options would be considered if agreed trade terms are not respected.
“Dialogue first, but all options open”
“The number one choice is always dialogue – we want to be a predictable partner in the international economy and we believe in the transatlantic relationship,” he said.
However, he added: “If there is deviation from what we have agreed, then all options will obviously be on the table.”
The comments come amid rising friction over a delayed trade agreement between the EU and the US. Although a deal was reached in July, it has not yet been fully ratified on the European side due to calls for further adjustments. US officials have since claimed that the EU has not fully complied with the agreement.
Dispute over trade commitments
The Greek minister rejected those claims, insisting that the EU has met its obligations under
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