President of the European Commission, Ursula von der Leyen, Defends The Trade Deal with American President Donald Trump. The Agreement Consciously stands for Stability and Predictability, Instead of Escalation and Confrontation.
“Imagine if the two largest economic powers of the democratic world had not started and had started a trade war. That would only have bone celebrated in Moscow and Beijing,” von der Leyen Emphasizes in an Opinion Piece Zeitung Allgemeine Allgemeine .
The Commission President Writes That A Strong, But Not Perfect, Deal Has Been Reached Regarding the American Import Tariffs of 15 percent. “With retaliatory Tariffs on our part, we would run the risk of fueling an Expective Trade war with negative consequences for our workers, consumers and industry.”
Trump and von der Leyen Concluded the Trade Deal at the End of July in Scotland, Where Verbal Agreements Were Made. Last Thorsday, the Agreement was Formally Ratified and More Details from the Agreement Were Announced.