The Prime Minister of Spain, Pedro Sánchez, expressed the opinion that the trade war is not in the interests of either the European Union or the United States. Sanchez told CNBC about this during the Davos World Economic Forum.
"We have strong transatlantic ties... Our economies are very interconnected, and I believe that a trade war is not in the interests of either the US or the EU.
We need to focus on how to strengthen our transatlantic relationship, which is now more important than ever," Sanchez said. Earlier, US President Donald Trump said he may increase tariffs on EU imports. , if they do not increase the volumes of American oil and gas purchases.
