Since Trump’s April 2 announcement of new tariffs, a wave of uncertainty has engulfed transatlantic trade, rattling markets and casting doubt on the future of European Union-U.S. economic cooperation.
In response, the EU has sought new ways to diversify trade partnerships and has explored opportunities to deepen ties with other major economies like China.
According to the Commission president, Europe is “wide awake” and has the opportunity to play “a strong role in the new world order that is slowly emerging.”
“We must now use this momentum to open up new markets for our companies and establish as close a relationship as possible with many countries that have the same interests as us,” she said.
