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EU-US Trade Cooperation Priority
- The EU views the United States as a strategic ally and prioritizes trade negotiations and cooperation.
- A negotiated solution to trade issues, including tariffs, is actively sought by the EU.
EU's Exclusive Trade Competence
- The EU holds exclusive competence over external trade negotiations on behalf of its member states.
- Member states respect this, though they maintain individual bilateral ties with the US.
Cautioning China on Overcapacity
- China’s excess goods due to US tariffs risk flooding other markets, including the EU.
- The EU urges China to show restraint to avoid global economic fragmentation.