S&D president, Iratxe García Pérez, on preparedness for a new trade era: multilateral cooperation

S&D president, Iratxe García Pérez, on preparedness for a new trade era

“We must act with a strategic vision. By strengthening our single market, removing internal barriers and reducing dependence. But also, by diversifying our partners with Latin America, Africa and Asia.

“If Washington hits us with illegal tariffs, let us respond with tariffs in sectors strategic to the US economy; let us resort to the Enforcement Regulation; let us use safeguard rights; let us deploy the anti-coercion rule to close our market to their goods and services, and also to prevent their companies from bidding for public tenders or receiving funding from the EU budget.

“The US President thinks that international trade is a game that can only have one winner. But history shows us that trade is a source of shared wealth, and that protectionism only leads to blockage and confrontation. Trump has chosen the wrong path.”

Read more

MEPs involved
President
Spain
S&D press contact