JD Vance calls for stronger US-EU trade ties after Trump-era tariffs

Diario As

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00:00America wants its exporters and by implication its workers to be treated much more fairly.

00:14We want American markets, sorry, excuse me, in the same way that American markets have

00:19been open to a lot of European goods, we'd like a lot of European markets to be open

00:22to American goods.

00:23In other words, it's indirectly our defense also.

00:28We just want a little bit more fairness, or to use the president's favorite word, reciprocity.

00:33And again, with Europe, we think that's a very, very easy conversation to have.

00:39We hope our European friends agree.

00:40In a strategic deal with China, maybe even including on Taiwan.

00:45But the fundamental principle is we think that most nations, most nations in the world have

00:51been way too hard on American exporters and American firms.

00:54We want to make the entire world a little bit more open to the products built by American

00:59workers.

00:59We're obviously biased.

01:01We think that they're the best in the world.

01:03And we think that we can have a much better trading relationship with a lot of our European

01:08friends if they just drop some of those both tariff but also non-tariff trade barriers.

01:14There are regulatory barriers.

01:15There are sometimes you have an official at the Ministry of Defense.

01:18We have to be careful here because while we want to rebalance global trade, and that has

01:24certainly been the explicit goal of our policy, we also want to make sure that we do this in

01:29the right way.

01:30And yes, you've seen media reports that the Chinese reached out to the United States.

01:35Of course, we're going to sit down and talk to them.

01:37I'm not going to divulge too many details or prejudge the negotiations.

01:41But we want to rebalance trade in the interests of American workers, in the interests of American

01:46manufacturers.

01:47That is our policy.

01:48We think that we can do that while preserving at least an open dialogue with the PRC and

01:54with a lot of other nations all over the world.

01:57But that doesn't mean the old way of doing business is going to be stable or that it's

02:02going to persist.

02:03It simply cannot.

02:04It was not sustainable 10 years ago.

02:06It was certainly not sustainable four years ago, and we're very, very committed to changing

02:11it.

02:11But we're open to having conversations with both, again, our friends and more adversarial

02:15nations about what that rebalancing ultimately looks like.

02:19And people have to remember, you know, Liberation Day, which was where the president announced

02:24this fundamental change, I think, in the global trading system, that was almost exactly 30 days

02:30ago.

02:31So we are in the early innings of a very significant shift.

02:35I think that shift is going to really inure to the benefit of both the United States but

02:40also of Europe.

02:41But it's fundamentally, it has to happen, and it's going to happen under President Trump's

02:45leadership.

02:46A replay of the earlier, you know, agreement that was reached 10 years ago.

02:52But I think all of us, including especially the United States, we have to be careful that

02:58we don't draw the lines in such a way that we actually undermine the very democratic legitimacy

03:05upon which all of our civilization rests.

03:08And I think that is fundamentally the point here.

03:10It's not Europe bad, America good.

03:13It's that I think that both Europe and the United States, we got a little bit off track,

03:17and I'd encourage us all to get back on track together.

03:20We're certainly willing and able to participate in that work, and I think all of you all, too.

03:25God bless you.

03:25Great.

03:29Thank you so much.

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