Tariffs will harm us all, European officials warn — with more work needed to reach a trade deal

Tariffs will harm us all, European officials warn — with more work needed to reach a trade deal

European officials say they're optimistic a trade deal can be reached with President Donald Trump, warning of significant harm to both sides if it isn't.

Significant problems will arise with the new tariffs promoted by US President Donald Trump on products imported into this country from the European Union, as reported by wine and ouzo production in Samos. It is a negative fact in terms of world trade and in particular exports of European wines, 20% of which are absorbed by the American market, according to the president of the Unified Winemaking Cooperative Yiannis Skoutas. Mr Scoutas told ERT t…

The president of the Antitrust Roberto Rustichelli: “We need answers that are up to the challenges” if we really want to put our country back on the path of economic recovery. The need for a regulatory reorganization that favors entrepreneurship is growing and it will be necessary to reallocate resources to the most productive activities. 5G and fiber are the infrastructure pillars

European officials say they are optimistic that a trade deal can be reached with US President Donald Trump, warning of significant economic damage to both Europe and the US if…More...