SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

EU leaders on Trump: We're standing firm

Threatening trade war with the USA casts long shadows over the EU countries' summit. We cannot do anything else but give a hard response, says Denmark's Prime Minister Mette Frederiksen.

» Published: 03 February 2025, 10:05

EU leaders on Trump: We're standing firm
Photo: Geert Vanden Wijngaert/AP/TT

The Dane is one of many EU leaders who are warning of measures to counter the trade threats from US President Donald Trump.

If the US introduces a tariff, we cannot do anything but hit back hard, says Frederiksen after the EU's social democratic leaders had a pre-meeting in Brussels ahead of Monday's informal EU summit.

Both France and Germany are giving similar messages.

If we are attacked trade-wise, Europe – as the power we are – must react and ensure that we are respected, says French President Emmanuel Macron on his way into the summit.

We must and will do so, emphasizes German Chancellor Olaf Scholz.

"Only bad"

Even Prime Minister Ulf Kristersson (The Moderate Party) sees it as given that the EU will respond jointly. But he still hopes that there will be no tariffs, using purely economic arguments.

Tariffs are basically only bad. Imposing tariffs on each other is bad economic policy that no one will benefit from in the long run, says Kristersson – and points out that there are others to trade with than the US.

We are a large block with 450 million people who have their own free trade and want as much free trade as possible with other parts of the world. The US is important, but the world is even bigger. So there are reasons why we are now concluding new free trade agreements between Europe and other large and small continents, says the Prime Minister in Brussels.

China laughing?

The EU Commission has long been preparing for possible US tariffs. If there is a decision from Trump, the EU is expected to respond with its own tariffs – primarily targeting goods produced in parts of the US where President Trump has some of his strongest supporters.

American bourbon, motorcycles, and orange juice from Florida are some examples that may come into question.

At the same time, many EU leaders are still holding out hope that it will not have to go that far.

If the US starts a trade war, it is China that will be laughing, warns EU Foreign Minister Kaja Kallas.

Inside the meeting, it has since been emphasized how important the EU's partnership with the US is – and that solutions need to be found.

"There was a strong unity on the fact that tariffs between the US and EU would be harmful to both sides", it says in a statement from an EU representative.

The EU countries' heads of state and government are holding an informal summit at the Egmont Palace in Brussels on Monday.

The leaders are discussing primarily defense issues, how the EU can jointly strengthen its defense and how it should be financed. The meeting is not expected to lead to any immediate decisions, but only pave the way for measures later this year.

NATO Secretary-General Mark Rutte is invited as an extra guest during lunch, while British Prime Minister Keir Starmer is attending as a dinner guest.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Greenland takes action – stops foreign donations
1 MIN READ

Greenland takes action – stops foreign donations

NATO Chief: We Must Do More in the North
1 MIN READ

NATO Chief: We Must Do More in the North

Abbas: Israel's new offensive is ethnic cleansing
1 MIN READ

Abbas: Israel's new offensive is ethnic cleansing

Russia: Paramilitary killed by bomb in luxury lobby
1 MIN READ

Russia: Paramilitary killed by bomb in luxury lobby

Men fight against female genital mutilation of girls
5 MIN READ

Men fight against female genital mutilation of girls

Frederiksen: We want to cooperate
1 MIN READ

Frederiksen: We want to cooperate

Unknown Submarine Followed by Danish Defense
1 MIN READ

Unknown Submarine Followed by Danish Defense

New tremors on tourist island – people sleep outdoors
1 MIN READ

New tremors on tourist island – people sleep outdoors

Tough questions for the White House's regular guest Netanyahu
2 MIN READ

Tough questions for the White House's regular guest Netanyahu

Women on their way to work killed by car bomb
1 MIN READ

Women on their way to work killed by car bomb

Russia: Paramilitary killed by bomb in luxury lobby
1 MIN READ

Russia: Paramilitary killed by bomb in luxury lobby

Flash Message to USAID Staff: Stay Home
3 MIN READ

Flash Message to USAID Staff: Stay Home

Police Officer Shot Dead During Polio Vaccination
1 MIN READ

Police Officer Shot Dead During Polio Vaccination

Flooding in Australia – Residents Forced to Flee
1 MIN READ

Flooding in Australia – Residents Forced to Flee

Loans or Pensions? This is How the Weapons Will be Paid For
3 MIN READ

Loans or Pensions? This is How the Weapons Will be Paid For

Ukraine attempted to knock out Russian military fuel
1 MIN READ

Ukraine attempted to knock out Russian military fuel

Trump launches attack on South Africa
1 MIN READ

Trump launches attack on South Africa

Uruguay's President Chooses to Forego Luxury
1 MIN READ

Uruguay's President Chooses to Forego Luxury

Musk threatens USA's aid assistance: "Time to die"
1 MIN READ

Musk threatens USA's aid assistance: "Time to die"

USA: Panama breaks our agreement
2 MIN READ

USA: Panama breaks our agreement