EU Offered US Concessions to Bring ‘Stability Back,’ Sikela Says

The European Union has made tangible offers to Donald Trump’s administration in an effort to return stability to the global economy, according to the bloc’s commissioner for international partnerships.

Speaking to Bloomberg Television, Jozef Sikela said that he was “confident” that common sense would prevail and that the two sides would be able to find a deal on trade in their mutual interest. He warned that an escalation in the trade conflict could do more harm to the US than the EU.

“We have to bring the stability back,” Sikela said, without elaborating on what the EU had offered. ...