Donald Trump can be trusted when it comes to trade relations between the United States and the European Union. European Commission President Jean-Claude Juncker said Tuesday.
Junker managed not to get the trade conflict between the two superpowers out of control last July by promising the US president that Europe would import more soy and liquefied gas from North America. Both leaders also agreed in Washington to work on reducing import tariffs on industrial products. According to Juncker, nothing has changed in the transatlantic relationship since last summer and there are contacts almost daily.
In the meantime, Trump is threatening with new taxes. In the case of China, he actually announced it. According to Juncker, tensions between China and the US are a major cause of global economic problems. He fears that investors will become even more reluctant if Beijing and Washington do not come together quickly.