As tensions with US worsen, Europe courts new partners

Pascal Lamy, ancien directeur général de l’OMC et président emeritus de l’Institut Jacques Delors, a apporté son expertise sur les relations entre les États-Unis et l’Europe.

|   17/07/2018               |   Today Online             |   Pascal Lamy             |   Economie et finance

NEW YORK — United States President Donald Trump is inciting a trade war, undermining NATO and painting Europe as a foe. It’s no wonder, then, that the European Union is looking elsewhere for friends.

On Tuesday (July 17) in Tokyo, it signed its largest trade deal ever, a pact with Japan that will slash customs duties on products like European wine and cheese, while gradually reducing tariffs on cars.