Feb 26 • 06:26 UTC 🇩🇪 Germany FAZ

US Tariffs: 'If it were up to me, I would renegotiate for the EU'

EU trade expert Bernd Lange expresses concerns about ongoing uncertainties in tariff negotiations with the US, advocating for renegotiation from the EU's perspective.

In a recent discussion, EU trade expert Bernd Lange from the SPD addressed the challenges posed by the ongoing tariff negotiations between the United States and the European Union. Lange highlighted the importance of clarity and stability in trade relations, expressing relief that the American Congress is now involved in the decision-making process regarding tariffs. He emphasized the need for urgent renegotiations that take into account the EU's position and interests.

Lange's comments come in light of recent developments, including a Supreme Court ruling and new tariff rates announced by the US government. Reflecting on the political environment shaped by former President Donald Trump, he pointed out the frustrations experienced by European stakeholders and the need for a strategic approach to ensure fair trade practices. He believes that without a proactive negotiation stance from the EU, the outcome could be detrimental to European economies.

As the situation evolves, Lange's insights underscore the fragile nature of transatlantic trade relations and the complexity of international tariff laws. The ongoing dialogue is crucial for the EU to safeguard its economic interests and to navigate the challenges posed by the US's tariff policies. The emphasis on renegotiation highlights a broader sentiment within the EU about standing firm against unilateral trade measures from the US, seeking a balanced and mutually beneficial agreement instead.

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