EU needs a 'truly European answer' to tariffs, says Polish finance minister
We've been hearing a bit more from the meeting between European Union finance ministers in Poland's capital Warsaw. As we were reporting earlier, they've been meeting to discuss the impact of tariffs on the economy.
Ireland’s Finance Minister Paschal Donohoe, who is chairing the meeting, says the EU will use the 90-day pause on tariffs to engage with the US in a “constructive way” and find a better way to move forward.
Finance ministers at an EU meeting have agreed "on the need for a unified stance", Irish FM Paschal Donohoe told reporters
Also in Warsaw, European Trade and Economy Commissioner Valdis Dombrovskis says the EU is “willing” to work with the US on “mutually acceptable solutions” but stands ready to “defend our economy”.
The EU will have a further meeting if negotiations with the US do not work, German Finance Minister Jörg Kukies warns, while his Polish counterpart Andrzej Domanski says the EU will need a “truly European answer” to tariffs if negotiations break down.
