Van der Leyen admits the tariff agreement with the United States is not perfect!
President of the European Commission, Van der Leyen, admitted that the tariff agreement reached with the U.S. President is not perfect, but "this agreement is a conscious decision for stability and predictability, rather than escalation and confrontation."
"We have reached a solid but imperfect agreement. Tariffs increase costs, limit choices, and weaken the competitiveness of the economy. Our retaliatory tariffs could trigger costly trade wars, which would have negative impacts on our workers, consumers, and industries. No escalation can change one thing: the U.S. commitment to a higher and more unpredictable tariff system."
Recently, the European Commission has often criticized the tariff agreement reached with the United States, as the United States has obtained more favorable conditions than Europeans. Van der Leyen emphasized that the most important point in the agreement is that the EU set a clear 15% limit on most products.
Original text: www.toutiao.com/article/1841336847631372/
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