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The Big Question: Co dla Europy będzie oznaczać wznowienie ceł przez Trumpa?
euronews (po polsku)
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4/28/2025
The Big Question: Co dla Europy będzie oznaczać wznowienie ceł przez Trumpa?
„Stawka w tych relacjach jest zbyt wysoka, by pozwolić na ich zniszczenie” - apeluje do UE dyrektor generalny Amerykańskiej Izby Handlowej.
CZYTAJ WIĘCEJ : http://pl.euronews.com/2025/04/28/the-big-question-co-dla-europy-bedzie-oznaczac-wznowienie-cel-przez-trumpa
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00:00
This is simply the biggest, most integrated economic partnership in the world.
00:05
16 million jobs, the equivalent of the French and German economies combined.
00:10
There is way too much at stake in this relationship to let that be damaged.
00:20
Welcome to The Big Question, a series from Euronews where we address some of the biggest topics on the business news agenda.
00:29
And today I'm joined by Malta Lohan, the CEO of the American Chamber of Commerce to the EU.
00:36
Malta, it's an absolute pleasure to have you with us on the show.
00:39
Thank you very much for joining us.
00:41
Great to be here, Angela. Thank you.
00:42
Very timely discussions at the moment and I imagine you are an incredibly busy man.
00:47
But first of all, for those who don't know, can you just explain exactly what the American Chamber of Commerce to the EU actually does?
00:55
Of course, the American Chamber of Commerce to the EU is the group that represents American businesses in Europe.
01:01
So we have 160 member companies across all different sectors, goods, services, with one thing in common,
01:08
which is for decades, in some cases 100 plus years, deeply invested in Europe.
01:12
And our role is to help the EU build an economy that is competitive, that generates return on investment,
01:20
and to help build bridges across the Atlantic and strengthen the partnership that we have between Europe and the United States.
01:27
When it comes to the EU-US economic relationship, what are the key figures or metrics that best represent this partnership?
01:36
This is simply the biggest, most integrated economic partnership in the world by some margin.
01:43
It's an economy that is worth 8 trillion euros.
01:48
For comparison, that's the equivalent of the French and German economies combined.
01:52
16 million direct jobs depending on that transatlantic economy.
01:58
That's a third of global GDP that is represented by our two economies combined.
02:04
We are each other's biggest source of foreign direct investment.
02:08
More than 56% of American FDI goes to Europe.
02:13
A similar measure of European FDI goes to the US.
02:17
And so not just is it a source of growth and profits for businesses on both sides of the Atlantic,
02:25
but it's actually also a shared base on which we compete with the rest of the world.
02:34
What impact would it have on the US economy if this relationship diminished?
02:42
The economic relationship between Europe and the United States, of course,
02:46
is at the heart of our shared prosperity and our shared success also across the world.
02:52
Just think of the breakfast cereal on your table, think of the websites you go to online,
02:59
think of where you get your petrol or your electricity when you charge your car.
03:04
And instantly you will realize that there are plenty of American companies
03:09
which are deeply integrated into the fabric of our economy
03:13
and which are generating local jobs, local investments, local tax returns.
03:21
And that is really the shared value of the relationship,
03:24
which goes far beyond the goods flowing across the Atlantic.
03:27
And so if we lose some of the access to each other's markets,
03:34
it would be a big burden on the profitability of our companies
03:39
and it becomes so much harder to compete globally.
03:43
And Molta, what's the sentiment among the businesses within your network that you work with day to day?
03:49
What are the main concerns now at the moment for them regarding the current situation with the tariffs?
03:54
The number one concern that every single company will express
04:00
is about the level of uncertainty that they're facing.
04:03
And just think about the position of a CEO or a CFO in this current context.
04:09
You are planning to make big, multi-billion euro investments
04:13
into your supply chain, into your production facilities,
04:19
and you don't know how to calculate the return on those investments
04:23
because that calculation changes from one day to the next
04:27
with a tariff being imposed or a countermeasure being imposed and taken off again.
04:32
And so that creates huge inertia in the marketplace
04:36
where investments are being held back
04:38
and where other parts of the world
04:41
that are not facing this level of uncertainty
04:45
can accelerate their own innovations and their own investments
04:50
and we will have to catch up.
04:51
If the tariffs do resume, what will that actually mean for the EU economy as a whole?
04:56
This would be really bad news.
04:59
It would be really bad news, first of all,
05:01
because it would disrupt those closely integrated supply chains
05:06
between Europe and the United States.
05:08
It would drive up the input costs for companies,
05:11
which makes products and services more expensive
05:14
for customers and consumers as well.
05:17
My big worry is that if we go back to a phase of tariffs and counter tariffs,
05:25
it will start spilling over into other parts of the relationship.
05:29
The biggest benefit of our transatlantic relationship is our investments.
05:35
If those start to be affected by uncertainty about tariffs
05:41
and by a shift away from each other of the two economies,
05:45
that would be deeply damaging for both sides.
05:49
At least what we can say at this point is that there is space for dialogue.
05:54
Now, whether that dialogue is able,
05:56
within the short space of time available,
05:59
to come to a conclusion,
06:01
I think we still have to see.
06:03
And finally, what are your hopes for the future EU-US economic relationship?
06:10
These days, I've heard others express a hope,
06:13
which was simply that it doesn't get worse.
06:17
To me, that would be a sad state of affairs.
06:20
So I would like to think that there is more to hope for
06:24
than that things don't get worse.
06:27
I do think that Europe and the United States
06:30
still have an enormous shared interest
06:33
in working together to address
06:36
our shared geo-competitive challenges.
06:40
I do think that Europe and the United States
06:44
have both to understand how
06:47
some of that prosperity
06:49
that has been generated through open trade
06:52
can better be brought to the widest possible part of society.
06:58
And I think that this is the moment
07:03
where Europe also really has the opportunity
07:06
to take a leap forward
07:08
in terms of addressing barriers in the single market
07:12
and creating a more competitive region
07:18
for businesses to thrive in
07:19
and to see a return on their investment.
07:22
Sometimes it takes a jolt
07:23
and that is certainly what we are facing.
07:26
If that is the outcome of this jolt,
07:28
I think that is a good outcome for Europe as well.
07:31
That is incredibly insightful,
07:34
all of everything you've shared with us there.
07:36
So thank you very much for joining us on The Big Question
07:39
and for sharing all of your insights with us.
07:40
It's been a pleasure.
07:41
Thanks for having me, Angela. Pleasure to be here.
07:43
Thank you very much.
07:44
Please do head over to the Euronews website
07:46
and check out the rest of our shows.
07:49
They're all there.
07:50
And also you can go to the Euronews YouTube channel
07:52
and you'll find all the big questions there too.
Recommended
2:01
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