Skip to main content

Europe and United States can reach "win-win" trade deal, Greek PM says

1 min Edward Finkelstein

Europe and the United States could reach a "win-win" trade deal which could be beneficial to both parties, Greek Prime Minister Kyriakos Mitsotakis said in an interview published late on Wednesday.

Greek Prime Minister Kyriakos Mitsotakis, Reuters/Stephanie Lecocq

Greek Prime Minister Kyriakos Mitsotakis, Reuters/Stephanie Lecocq

Europe and the United States could reach a "win-win" trade deal which could be beneficial to both parties, Greek Prime Minister Kyriakos Mitsotakis said in an interview published late on Wednesday.

In a stunning reversal, Trump said on Wednesday he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.

“On the European front there is a possibility of finding a win-win solution when it comes to trade, a solution which will be mutually beneficial," Mitsotakis told U.S. news network Breitbart from his office in Athens.

The  European Union on Wednesday agreed  to launch its first countermeasures against U.S. tariffs next week. But European Commission President Ursula von der Leyen on Thursday welcomed Trump's announcement of the pause.

Mitsotakis said that there was "still room for negotiations" with the United States before Europe considered any major reciprocal response beyond what had been announced on Wednesday.

"Europe and the European market is very important for the U.S. and U.S. is important for Europe and we need to work out a solution."

Tags

Edward Finkelstein

Edward Finkelstein

From Athens, Edward Finkelstein covers current events in Greece, Cyprus, Egypt, and Sudan. He has over 15 years of experience reporting on these countries

 

Related

Politics

Madagascar protesters reject president's offer of talks

Youth protesters in Madagascar on Wednesday rejected an offer to join President Andry Rajoelina's "national dialogue" with various groups, accusing his government of repression after weeks of demonstrations in the African island nation.

Politics

Election calls heap pressure on Macron to end political crisis

France's President Emmanuel Macron faced deepening pressure on Tuesday to hold a snap parliamentary election or even resign to end political chaos in the euro zone's second biggest economy that has forced the resignation of five prime ministers in less than two years.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.