Brussels, Belgium – 18. December: President of the EU Council Antonio Luis Santos from Costa Conversation with Media (Photo Thierry Monassse / Getti Images)
Thierry Monasse | Getty Images News | Getti images
NATO agreement with more than double allies for the implementation of defense will rebalance trade relations in Europe with the US and see the Region to buy more American weapons, the President of the Council of the European Union on Friday told CNBC.
Earlier this week, NATO allies agreed More than double their defensive consumption of 2% of gross domestic product at 5% by 2035. years.
The move has solved the main trade issues between Europe and the United States, CNBC Silvia Amaro said.
“What we decided to strengthen our attitude and take more responsibilities in our defense. Then I think we have already solved the main question, and then I think it was paved to solve other issues,” he said.
At least some part of this higher Defense expenditure will be used for “Purchase America”, according to Costa.
“And of course, if we buy more Americans, it means the Rebalance of Trading Relations. Then it is the reason – because I can not separate these two defense talks – [that this] was the most important issue for the United States and [it] has already been resolved. “
Costa, who served as Prime Minister Portugal until last year, reiterated the prior statements of Trump that the military agreement was “great victory”, adding to effectively balances the burden of dividing the defense.
The EU is among trade partners that rush to the Washington in front of the American President Donald Trump early July July July July July in July in the to-name called reciprocal tariffs on imports from almost all countries.
Steps by agreement were made this week after the United States presented the European Commission with a new proposal. Were also markets floating On Thursday announcements from the White House Press Karolina Leavitt that deadlines 8 and 9. July to restart tariffs at nations “Not critical. “
“Maybe it could be extended, but that is the decision that the president brings,” Leavitt said.
Asked whether the EU could reach an agreement in the July deadlines, Costa said that the European Commission was currently assessing the White House trading proposal.
“Both sides are very engaged to find a solution and I hope that we will achieve this before the Ninth of July,” he said.
