EU Commissioner: US Court Ruling on Tariffs Adds Uncertainty
ChainCatcher news, European Commission Trade Commissioner Dombrovskis said in an interview with CNBC on Friday that the recent U.S. court ruling on the legality of the Trump administration's tariffs has added another layer of uncertainty to an already complex trade environment.He stated, "The current negotiation environment is full of variables, and the situation is changing rapidly." Dombrovskis reiterated that the EU is committed to reaching a negotiation agreement with the U.S., "because the relationship between the EU and the U.S. is very good. The trade relationship between the EU and the U.S. is the largest in the world, so there are many economic stakes involved." He also described the tariff situation as "urgent," as it poses negative economic impacts for both the EU and the U.S.