Her banks Germany urge the European Union to avoid exacerbating existing commercial tensions with the US with the enforcement dictatorial for retaliation.
The US government, Donald Trump, continues to mark its willingness to participate in talks, and the EU should use this channel, said Heiner Herkenhoff, chief executive of the German Banking Union, email, according to Bloomberg.
“There is no reason to hurry up with additional measures,” Herkenhoff said. “The goal should continue to be to participate in a constructive dialogue – this was the course of the European Commission to date.”
Europe is investigating both possible concessions and retaliation as it is preparing to respond to the duties announced last week, without any evidence that President Donald Trump can retreat. Part of the problem is that Trump’s team does not know what he wants, the European Union leader Maros Shefsovic said to the envoys on Friday at a meeting of the doors.
Earlier today (7.4.2025), Spain Minister Carlos Cuerpo said the EU should be open to all possible retaliation.