The Polish Foreign Minister also implied that the EU can negotiate an agreement with Trump to avoid duties
The Polish Foreign Minister today reversed US President Donald Trump’s allegations of the “savvy” US trade deficit with Europe, noting that the US has a huge surplus in Europe trade.
“I hope all stakeholders base their views and decisions on facts,” he said Radoslav Sikorski Speaking to reporters in Brussels. “While Europe has a surrounding of natural goods (with the US), the US has a huge surplus in exports of services,” he added, according to Politico.
“Every time one of us uses Uber, part of the pay goes to the United States. Whenever we watch a Netflix movie, money goes to the United States … Every time we use social media or artificial intelligence, the US industry benefits. There are also huge investment flows … In the end this is extremely beneficial to both, “he added.
In 2023, The US trade deficit with the EU stood at € 156.6 billionaccording to data from the European Union. In the services, however, the US showed a surplus of 108.6 billion eurossetting the EU’s final trade surplus of € 48 billion.
Sikorski’s comments give a taste of how the EU plans to avoid or eliminate Trump’s threat from launching a trade war with the block.
It is recalled that while top EU officials met in Warsaw, the US president said that duties against China, Canada and Mexico will be followed by “duties” in the EU, although it has not been threatened since then. of.
The European Commission, which is responsible for the trade of block, has said that will “answer” if Trump imposes dutieswith a committee official who asked to maintain his anonymity, to note that the bloc has already drawn up a list of entities in which they will oppose if Trump imposes duties.
However, Brussels hopes that a trade war with the US can either be mitigated or completely avoided if the bloc offers Trump a favorable “agreement” similar to those accepted by Canada and Mexico, in return for postponing duties. 25% in the goods of the two countries. A substantial proposal made by European Commission President Ursula von der Laieni is that Europe could to buy more liquefied natural gas (LNG) from the US.
The EU official said that an option currently being considered in Brussels is for the EU to subsidize LNG markets for countries currently dependent on Russian gas, covering the price difference to switch to the US supply from the US.
Sikorski, who is one of the few EU officials who have direct contact with high -ranking US government officials, stressed that Poland is already buying a “huge amount” of US LNG, and added that finally It is up to Europe to “gain Trump’s trust” spending more on defense and security management in Africa without relying on Washington.
Although he said “not very satisfied” by the fact that Washington restricts artificial intelligence chips to Poland, Sikorski warned that there should be no “excessive reaction” to Trump statements.
“I think we have to judge on the basis of actions, not words,” he said, adding: “The developments are rapid. It is important not to react too much. “
Source: Skai
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