NATO Budget Deal May Boost EU-US Trade, Says EU Leader

The agreement with the USA on new budget targets in Nato can help Europe even in the trade war, hopes EU's Council President António Costa.

» Published: July 02 2025 at 14:16

NATO Budget Deal May Boost EU-US Trade, Says EU Leader
Photo: Omar Havana/AP/TT

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That the European countries could agree with the US President Donald Trump at the NATO summit in The Hague, Costa calls a kind of "renewed promises" for the relationship across the Atlantic.

And now he believes in more.

- I would even say that it is a logical consequence that the agreement in NATO will have a positive effect on the trade negotiations, says Costa in an interview with the Portuguese news agency Lusa, on the occasion of him now having held his post for over half a year.

Costa hopes nonetheless for quick clarity on what will apply to future trade with the US.

- Uncertainty is the worst scenario for the economy, says the EU Council President to Lusa.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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