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Brussels, Belgium – December 18: EU Council President Antonio Luis Santos from Costa -Talking Media (photo Thierry Monassse/Getty Images)
Thierry Monase | Getty Images | Gets the image
NATO Agreement on more than double ally’s protection purposes will restore Europe’s trade relations with the United States and see that the region is buying more US weapons, President of the European Union Council Antonio Kosta said on Friday.
Earlier this week NATO allies agreed More than double the target protection costs with 2% gross domestic product to 5% by 2035.
This step has solved the main problem related to trade in Europe and the US, said CNBC Silvia Amaro.
“What we decided to do is strengthen our position and take on great responsibilities in our own defense. Then I think we have decided the main issue, and then I think the way is laid to address other issues,” he said.
According to Costa, at least some of these higher defense costs will be used to “buy an American”.
“And, of course, when we buy more Americans, it means that trade relations balanced. Then this is the reason – because I always said that we cannot share the two defense negotiations – (which is) the most important issue for the US, and (it) is already resolved.”
Costa, who held the post of Prime Minister Portugal until last year, repeated Trump’s previous statements that the military agreement was a “Great Victory”, adding that he effectively balanced that the defense burden.
The EU is one of the trading partners seeking to reach an agreement with Washington, which ahead of US President Donald Trump’s term in the early July campaigns of so -called mutual import tariffs from almost all countries.
The steps towards the transaction were taken this week after the US presented the European Commission a new proposal. The markets were too burned By Thursday, White House press secretary Carolyn Levita that the terms 8 and 9 on the restart of the tariffs for the peoples “Not critical“
“It may be extended, but this is a decision for the president,” Levita said.
Asked if the EU could reach a transaction on the eve of July, Costa said the European Commission is currently evaluating the White House trading proposal.
“Both parties are very involved in finding a solution, and I hope we will get and that we will reach this by the ninth of July,” he said.
