“We must always continue arguing and negotiating.” A few hours after the new threat of duties of punitive customs against the Brandie EU by Donald Trump, Laurent Saint-Martin advocates the “decalcalance.” “I do not despair that we can find a reciprocal interest between the European Union and the United States so that there is a fall in customs duties instead of a commercial war,” said Minister delegated by foreign trade in the BFMTV set.
“If the European Union must also demonstrate how much a power is and can also strongly tax US imports, this is not the result we must desire, he added to the government member […] No European country is initiated by the situation in which we are. We have always said that a commercial war was bad for everyone, including the United States. “
However, the minister delegated by foreign trade considers that it is necessary to “show retaliation measures” to install a real “balance of power” in the negotiations that according to him. “We have a complete series of American products that are suspended today for 90 days, remember. With the new threat, we will have to present the amounts related to the European Union of response and equivalent reprisal measures. […] Negotiation is only possible if it shows that it knows how to maintain this balance of power. “
“We did not barrica, but we leave a form of naivety”
Referring to a “world trade that has changed world trade”, Laurent Saint-Martin insists that the threat not only comes from the West but also from the east in this world commercial war. “Chinese products, which are sometimes subsidized, will come and find the most important European market, since they will be more taxed if they export to the United States, he explains […] We need to be on both fronts: negotiation with the United States, but there should be no kidnapping of commercial roads from China to Europe that weakens in competitiveness and competition for our businesses. “
“We do not barrica, but we leave a certain form of naivety, of openness to everything that our own industry has weakened and our own works, it emphasizes the government member. If we want Europe to be a land of industry and the creation and employment value, it is necessary to protect it from a competition that is not always fair or a fee war.” But the Minister of Foreign Trade rejects all pessimism and believes that Europe can be reinforced from this sequence if “simplifies the life of companies” and “manages to attract more investments, especially Chinese and obviously American.”
Source: BFM TV
