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Trade war is a 'zero-sum game,' Spain's PM warns, as Trump threatens EU with tariffs
A trade war is not in the interest of the European Union or the U.S., Spain’s prime minister told CNBC Wednesday. “We share a strong transatlantic bond ... our economies are very interlinked and I believe a trade war is not in the interest [of either party], neither for the U.S., neither for the European Union,” Pedro Sanchez told CNBC’s Steve Sedgwick on the sidelines of the World Economic Forum in Davos, Switzerland. “A trade war is a kind of a zero-sum gain,” he added. “We need to focus on how do we strengthen our transatlantic relationship, which is now more important than ever.” Since his ... (full story)
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- Posted: Jan 22, 2025 8:12am
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