The US House speaker says President Donald Trump’s decision to impose tariffs on European imports misses the opportunity of gaining an economic leverage over China.
Nancy Pelosi said the US and the EU could join forces to form what she described as the biggest market in the world. She noted that the combined power could be used in negotiations with China. Last week, Trump announced that Washington will levy taxes on eleven billion dollars worth of products from the E-U. He quoted the W-T-O as saying that the EU’s subsidies for the plane maker Airbus have adversely impacted the United States. On Monday, the European Commission pulled up a tariff list of U-S imports worth nearly 23 billion dollars in retaliation for Trump’s decision.
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