Trump gives oil ultimatum to EU<\/a><\/figcaption><\/figure>\n<\/blockquote>\nFrench officials have also warned that escalating tariffs could lead to a cycle of retaliatory measures. French central bank governor Francois Villeroy de Galhau stated that \u201ceverybody loses in this kind of protectionist trade war.\u201d<\/em>\u00a0<\/p>\nTrump has pointed out that the EU consistently exports significantly more goods to the US than it imports. \u201cThey don\u2019t take our cars, they don\u2019t take our farm products. They take almost nothing and we take everything from them,\u201d<\/em> he said. He acknowledged that there will be \u201csome pain\u201d<\/em> for Americans if tariffs are imposed, but stressed that it would all be \u201cworth the price.\u201d<\/em>\u00a0<\/p>\nFollowing Trump\u2019s inauguration last month, a number of EU leaders, such as Germany\u2019s Scholz and France\u2019s Emmanuel Macron called on the bloc to unite in the face of the Republican\u2019s return to office, expressing concern about his \u201cAmerica First\u201d<\/em> approach to foreign policy.\u00a0<\/p>\nRussian President Vladimir Putin has suggested that EU officials will nevertheless soon \u201cstand at the master\u2019s feet and gently wag their tails,\u201d<\/em> claiming that they had previously spent years \u201chappily\u201d<\/em> carrying out any orders from Washington under the administration of former President Joe Biden and would soon fall into line.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Beijing will be the main beneficiary of a tariff stand-off between Washington and Brussels, the bloc\u2019s foreign policy chief has warned A trade war between the US and EU would be detrimental to both sides, the bloc\u2019s foreign policy chief Kaja Kallas has warned, suggesting that only China would ultimately benefit from such an outcome.\u00a0\u00a0…<\/p>\n","protected":false},"author":1,"featured_media":1883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/1881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/comments?post=1881"}],"version-history":[{"count":2,"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/1881\/revisions"}],"predecessor-version":[{"id":1885,"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/1881\/revisions\/1885"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/media\/1883"}],"wp:attachment":[{"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/media?parent=1881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/categories?post=1881"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.developeternal.com\/index.php\/wp-json\/wp\/v2\/tags?post=1881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}