EU trade ministers gathered in Malta on Friday to discuss the protectionist trend the United States seems to be adopting. The latest news is that the US administration has vowed to prioritize its trade rules over World Trade Organization rules and threatened to withdraw from the WTO dispute settlement system.
Talking to the newspaper Dagens Nyheter, Swedish minister Ann Linde says the EU must take action, if the US chooses to ignore the rules. Despite the risks, countermeasures may be necessary, she says.
Ann Linde expects a reaction from other countries as well, including China. This could result in a trade war, but the minister’s hope is that it will be possible to have a discussion with Washington.