BRUSSELS — The European Union’s executive body clarified on Thursday that their objective isn’t to harm the United States, contrary to U.S. President Donald Trump’s statements. Instead, the EU emphasized its role as the globe’s largest free market, which has been beneficial for American companies operating within Europe.
The EU further announced its intentions to fiercely oppose a proposed 25% tariff on all EU imports to the U.S., following Trump’s recent provocative remarks directed at the longstanding ally and trading partner.
This stance from the EU came after President Trump claimed that “the European Union was formed to take advantage of the United States,” asserting that the unfair trade practices would cease during his administration. He specified the tariffs would target “cars and all other things.”
The EU indicated it has prepared strict countermeasures targeting iconic U.S. industries in the event of such tariffs, singling out products like bourbon, jeans, and motorcycles.
“The EU will respond decisively against any unjust restrictions on free and fair trade,” said Olof Gill, spokesperson for the European Commission on trade, in an official statement. “Our consumers and businesses expect unwavering protection from us.”
President Trump’s comments on Wednesday painted the U.S. as a sought-after economic power. He stated, “We are the pot of gold. We’re the one that everybody wants. And they can retaliate. But it cannot be a successful retaliation, because we just go cold turkey. We don’t buy any more. And if that happens, we win.”
Addressing Trump’s remarks, Gill highlighted the EU’s role as an economic force. “The European Union is the world’s largest free market. And it has benefited the United States significantly.” He added that the EU has “facilitated trade, reduced costs for U.S. exporters, and harmonized standards and regulations,” making it easier for U.S. businesses to operate in Europe.
The trade volume between the EU and the U.S. is about $1.5 trillion, contributing to roughly 30% of the global trade. While President Trump has voiced concerns over a trade deficit, the EU noted that despite having a significant surplus in goods, it is partially balanced by the U.S. surplus in service trade.
In 2023, the EU reported trade in goods at 851 billion euros ($878 billion), with a trade surplus of 156 billion euros ($161 billion). Trade in services registered at 688 billion euros ($710 billion), presenting a trade deficit of 104 billion euros ($107 billion) for the EU.
Given these substantial figures, the EU stressed the necessity of avoiding a trade war. “We should cooperate to maintain these opportunities for our people and businesses,” Gill remarked. “Europe stands for dialogue, openness, and reciprocity. We’re prepared to engage if you align with these principles.”
