Meloni Warns EU: Avoid Trade War with the US
Italian Prime Minister Giorgia Meloni cautions the EU against escalating a trade dispute with the U.S. through tariffs. Emphasizing cooperation, she opposes retaliatory measures and questions Europe's defense spending increase. Meloni distances Italy from possible European troop deployment to Ukraine, advocating for negotiation and common-sense solutions.
Italian Prime Minister Giorgia Meloni issued a warning to European partners against escalating trade tensions with the U.S. by retaliating with tariffs. Speaking ahead of an EU summit, Meloni emphasized the importance of preserving transatlantic ties and distanced herself from calls for an EU security umbrella independent of U.S. involvement.
Meloni, known for her close relations with former U.S. President Donald Trump, expressed skepticism over the EU's plan for counter tariffs on $28 billion worth of U.S. goods. She argued that such measures could lead to inflation and economic slowdown, advocating instead for dialogue and logical solutions.
Meloni also expressed reservations about plans to increase European defense spending and prepare a peacekeeping force for Ukraine. Criticizing the European Commission's approach and the "ReArm" initiative, she insisted on more comprehensive defense strategies beyond acquiring weapons.
ALSO READ
-
EU Firms Rethink Supply Chains as Geopolitical Risks Reshape Global Trade
-
Trade War Chessboard: Agriculture, Energy, and Rare Earths in Focus
-
Trump and Xi Set for High-Stakes Summit: Trade, Taiwan, and Technology in Focus
-
US Tariff Announcement Delay Amidst Xi-Trump Summit
-
India Defends Energy Policy Amidst Rising Tariff Threats from U.S.
Google News