Ursula von der Leyen suggests EU could join forces with the Asian-Pacific trade bloc as Europe tries to up its game.

For six months, Donald Trump has upended the global trading order, threatening and announcing tariffs, then easing them to open negotiations, while warning that punitive levies will be reimposed if the terms are not to his liking.

With just 13 days until the Trump-imposed deadline to conclude a EU-U.S. deal, European Commission President Ursula von der Leyen decided the time for conventional negotiating tactics was over.

She floated the idea that the EU’s 27 countries could join forces with 12 members of the Asian-led Comprehensive and Progressive Agreement for Trans-Pacific Partnership bloc (CPTPP) — which now includes the U.K. — to form a new world trade initiative.

The new grouping would redesign a rules-based global trading order, reforming or perhaps even replacing the now largely defunct World Trade Organization, she said.

Crucially, the U.S. would not automatically be invited.

  • Mihies@programming.dev
    11·
    19 hours ago

    Yep, they have a good motivation and I’m rooting for them. But even with them, I’d be cautious. It’s politics at the end of the day. And I hope they do something about “assassination” of their citizen.