President Donald Trump issued an economic threat to European nations as the U.S. trade war continued to roil global markets, and European officials responded by offering industrial concessions Monday.
The president told reporters Sunday that Europe needed to pay the U.S. for past grievances in order to alleviate the tariffs he imposed on them. The stock market has been in turmoil since Wednesday, when he announced across-the-board economic sanctions against various nations.
‘Europe is always ready for a good deal. So we keep it on the table.’
European Commission President Ursula von der Leyen said Monday that Europe was willing to deal with Trump.
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“We have offered zero-for-zero tariffs for industrial goods as we have successfully done with many other trading partners,” said von der Leyen.
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