Not the time to mess with EU-US trade, EU's Costa says ...Middle East

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Speaking to reporters with European Commission President Ursula von der Leyen ahead of a gathering of G7 leaders in the Canadian Rockies, Costa said the two days of meetings provide an opportunity to talk about “some problems” between the allies and friends.

“Because this is the main issue we should avoid introducing other issues that undermine our economic capacity to assume greater responsibility on our own defence.”

Trump's haphazard imposition of tariffs across the world has created uncertainty among key U.S. allies, and raised pressure on the global economy.

“That’s why this is not the right moment to create uncertainty on economics. It is not the right moment to create problems on trade, because we need to strengthen our economic basis,“ Costa said.

Underscoring Costa's comments, von der Leyen said the G7 had to avoid protectionism.

“This is an important message. A message that the G7 can send to the markets and to the world,“ she said.

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