Trump's tariff policy 'absolutely unacceptable'

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Transcript

00:00I must say member states find absolutely unacceptable and unjustified.

00:05Today we discussed the state of play and prospects for EU-US trade relations, including possible EU countermeasures,

00:12in light of the ongoing negotiations for an agreement in principle,

00:17as well as President Trump's announcement over the weekend of 30% general tariffs on the EU from the 1st of August,

00:24which, I must say, member states find absolutely unacceptable and unjustified.

00:31The EU, as you know very well, never walks away without genuine effort,

00:38especially considering the hard work invested, how close we find ourselves to making a deal,

00:44and the clear benefits of the negotiated solution.

00:48But as I have said before, it takes two hands to clap.

00:51It was also very clear today, and I have to say that comparing to the previous discussions we had with the ministers,

00:59now it came very clear across the table.

01:01So if this is a situation, we have to protect the jobs, we have to protect the businesses,

01:06we have to protect EU economy, and we need to go for these rebalancing measures.

01:10The message was the strongest I've witnessed since we started the discussion with the US.