Concerned about the 30% tariffs imposed on the EU, the Basque Government expects a fair agreement
The Basque Government's Industry Advisor, Mikel Jauregui, has stressed that the Basque Country is prepared to defend its industry against a unilateral and unagreed tariff hike by Trump, but that Europe must be "sensible and firm" in its response and protect European industry "without hesitation."
The Basque Government has expressedconcern that the general tariffs imposed by the United States on European exports may rise to 30% from 1 August and hopes that 'this threat will not be met' and that a 'fair and balanced' bilateral agreement will be reached as soon as possible.
In a letter to European Commission President Ursula von der Leyen, US President Donald Trump has announced that he will impose 30% tariffs on products from the European Union (EU) from August 1.
TheBasque Government's Industry Advisor, Mikel Jauregui , has recalled that the Basque industry is "absolutely exporting" and that " more than EUR 2000 millionof Basque exports are at stake ".
"But that would also be a shock to Europe, which is the destination of two-thirds of our exports, which increases that uncertainty and directly affects our industrial fabric," he warned.
He has stressed that the Basque Country is prepared to defend its industry against a unilateral and unagreed tariff hike by Trump, but Europe must be "sensible and firm" in its response and protect European industry "without hesitation."
The Councillor has made it clear that "thousands of industrial jobs are at stake" and has announced that through the public-private partnership formula "all the capabilities of the Basque Country will be put in place to defend its industry and ensure quality employment".
However, the Basque Government hopes that 'calm and rationality will prevail so that the US and Europe can reach a trade agreement'.
"We have many common values between the two blocs, which must serve to find a mutually beneficial solution. Now more than ever, we must invest in cooperation between countries that share so many values, "concludes Jáuregui.
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