TARIFFS - Latest: Q&A
Many thanks Digo Velasquez with the Luxembourgort.
It's with great interest that I read
Marroeffkovich's,
um,
comment in the Financial Times.
Uh,
I wanted to ask if that's not giving in to Donald Trump's blackmail
and,
um,
legitimizing this,
uh,
negotiating method by the United States President.
Thank you.
This is a question for Olof.
Thanks for your question.
Look
Sometimes a
headline can be a little misleading.
And we need to be very clear about this fact.
There has been no
formal offer
to the US.
Of anything
at present.
What has happened to date is that we have discussed
The areas that from our side
we believe we could.
Potentially find agreements in.
And so
We need to really,
really stress that.
We are fully engaged
in our discussions with the US.
A negotiated solution remains our clear and preferred outcome.
We're not going to give blow by blow
commentary on the negotiations that are happening,
but
we
absolutely are committed to finding agreements with the US
that benefits
both sides,
and that's really all we can say for the moment.
Yes,
Diego,
he would like to follow up on this.
So to be clear,
there is no such offer like the one that was in the Financial Times.
I would encourage you to read the rest of the article
because what Commissioner Szeic clearly says is that there are areas
where we could
not will but could look at
greater cooperation with the US,
and by the way,
this is entirely consistent with
what the European Commission has been saying
since President Trump won the election.
As early as November,
President von der Leyen said that
we could look at areas such as Energy,
notably LNG,
some agricultural products,
soybeans,
for example,
where
there could be
good potential
to increase EU imports from the US.
So
there's nothing new here.
We're simply reiterating that there are areas where we believe
we can.
That potentially increase our imports from the US
and that would
also have the
additional benefit,
let's say,
of
reducing
to some extent
the trade in goods
surplus that we enjoy and which seems to be such
a fixation on the other side of the Atlantic.
OK.
Phil Tuollo,
yes,
please.
Yeah,
it's also on tariffs.
So,
um,
in the article in the EFT,
Commissioner Sefkovic said that there's some progress was made,
but can you tell us where exactly this progress was made and how concretely?
Thank you.
Thanks for your question and I'm sorry to disappoint you,
but we don't go into details about
the negotiations that are happening
at either technical or political level.
There will be opportunities for us
as things progress,
to communicate in a more detailed and structured way,
and when that moment arrives,
we will certainly do so.
Indeed,
yes,
please.
Could you explain?
Previously as well,
and maybe this is more for anarchy,
but
in terms of buying more US goods,
you've explained before from this podium that
ultimately it's the free market that decides,
you know,
it's demand,
it's the price that
determines how much
and where do we buy these goods from
as well in LNG.
So I'm just wondering what's in the realm
of possibility for the Commission to actually.
to buy more US goods if that's on the table.
And that's precisely a part of the
all the options that are being looked into in
order to really then have a discussion on very concrete
scenarios,
options,
what can be offered,
what can be expected in exchange,
what has been said already very,
very clearly is that.
We're ready to offer 0 for 0
on industrial goods,
and
colleagues are looking into all the options,
all the scenarios as we go,
as we explore options to be presented to our counterparts in the US.
Yes,
David.
Thank you,
Carreta,
to avoid to be,
to be misleaded by headlines and so on,
there is another part which is quite interesting,
of the interview,
which is,
where,
Commissioner Šefčovič or the Financial Times
is saying that Commissioner Šefčovič refused,
the 10%
base tariff,
I would like to know if
this is a red line.
So
if this
10,
the EU will react.
Thank you.
David
We've been very clear from the start that
we
don't believe that tariffs
do any good,
not for us,
not for the US,
not for the global economy.
That is precisely why,
as Paula mentioned,
we took the strong initiative
to
in fact look at areas where we can not just reduce but eliminate tariffs.
That's the logic of the 0 for 0 offer.
So
we're not going to go into more detail beyond that.
Which is to say
You know,
there's a great offer on the table.
Let's talk about that.
Any other question to Olof?
Yes,
Vitaly