{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='EU, US should find \u0026#39;negotiated solution\u0026#39; to trade tensions, says Cecilia Malmstrom' data-url='/boclips/videos/6878bc048802842c0ca28dd3' data-video-url='/boclips/videos/6878bc048802842c0ca28dd3' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nEU, US should find \u0026#39;negotiated solution\u0026#39; to trade tensions, says Cecilia Malmstrom\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eThe European Union and the United States should \"sit down and find a negotiated solution\" instead of imposing tariffs on each other, the outgoing European Commissioner for Trade, Cecilia Malmstrom, told Euronews. In an exclusive...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eThe European Union and the United States should \"sit down and find a negotiated solution\" instead of imposing tariffs on each other, the outgoing European Commissioner for Trade, Cecilia Malmstrom, told Euronews. \u003cbr/\u003e\u003cbr/\u003eIn an exclusive interview with Euronews'  Global Conversation  programme, Malmstrom also discussed the bloc's position on China and how trade deals can help in the fight against climate change and populism. \u003cbr/\u003e\u003cbr/\u003e'Damaging for them and for us' \u003cbr/\u003e\u003cbr/\u003eOn EU-US trade relations, Malmstrom said it \"would be natural\" for an agreement to bound the two parties and that reaching one to \"mutual benefit\" is \"still doable.\" \u003cbr/\u003e\u003cbr/\u003eTrade relations between the bloc and the US have been tense since President Donald Trump stalled negotiations on the  Trans-Atlantic Trade and Investment Partnership (TTIP)  and imposed tariffs on European steel and aluminium. Trump has also threatened to slap on tariffs on European vehicle imports and $11 billion (€9.8 billion) worth of European goods over aircraft subsidies. \u003cbr/\u003e\u003cbr/\u003eThe EU has retaliated so far by imposing tariffs on $3 billion (€2.7 billion) worth of US goods including denim, Harley-Davidson and bourbon and drawn up another list worth over $22.5 billion (€20 billion) of American products should the US move ahead with its threats. \u003cbr/\u003e\u003cbr/\u003eBut the EU Council agreed last month to greenlight  new negotiations  with the US that will focus on eliminating tariffs on industrial goods and not on agricultural or farming products, at the heart of many a contention between the two parties. \u003cbr/\u003e\u003cbr/\u003eRead more: How might EU trade sanctions on the US hit consumers? | Euronews answers \u003cbr/\u003e\u003cbr/\u003e\"Now the conditions have changed a little bit since the old TTIP days, but we have said that we can do something limited in order to regain some of that trust that has been lost and to build on that and see if we can facilitate trade between us to a mutual benefit and I think that is still doable,\" Malmstrom said. \u003cbr/\u003e\u003cbr/\u003eOn the issue of state aid for aircraft, Malmstrom told Euronews: \"I hope that we don’t have to impose tariffs on each other.\" \u003cbr/\u003e\u003cbr/\u003e\"This is, in a way, a parallel track because, as you said, it has been going on for 14 years and lots of investigations. And those investigations have said that both the EU and the US have done a few things wrong.  \u003cbr/\u003e\u003cbr/\u003e\"So we have the legal right to impose tariffs on each other but the best would be not to do that, but to sit down together and say: ‘how can we manage this in the future? How can we set norms and standards for airplane subsidies also vis à vis the rest of the world?’ And this is what we are offering to the US because we think it would be very damaging for them and for us if we put tariffs on each other. So I hope we can sit down and find a negotiated solution,\" she added. \u003cbr/\u003e\u003cbr/\u003eChina must 'follow international rules' \u003cbr/\u003e\u003cbr/\u003eAsked whether China is a close partner or a systemic rival, Malmstrom replied: \"Both actually.\"   \u003cbr/\u003e\u003cbr/\u003eIn a  strategic paper on EU-China relations  released in March, the bloc drew Beijing's ire by labelling the country a \"systemic rival\" but some of the tensions were soothed last month at  a summit in Brussels  in which an investment deal was struck. China also committed to relax and eventually erase its industrial subsidies and demands for technological transfers from foreign companies in exchange to access to its market. \u003cbr/\u003e\u003cbr/\u003eRead more: What does the EU trade with China? In charts \u003cbr/\u003e\u003cbr/\u003e\"China can be a partner in many areas: we cooperate on some research, on some environmental issues, for instance. We try to facilitate trade between us as well. We are negotiating an investment agreement, but we also try to tell China that they have to follow international rules and multilateral standards. Because the way they are subsidising their own companies, for instance, is dumping the international markets and that is harming producers and consumers all over the world,\" Malmstrom said. \u003cbr/\u003e\u003cbr/\u003e\"I hope that China can take a bigger responsibility to strengthen and to obey by multilateral rules because it has been very good for China as well,\" she added.   \u003cbr/\u003e\u003cbr/\u003e'Standing up against protectionism' \u003cbr/\u003e\u003cbr/\u003eFor the Commissioner, trade is also a tool to combat protectionism, populism and also climate change. \u003cbr/\u003e\u003cbr/\u003eShe argued, for instance, that the agreement between the  EU and Japan  — which came into force on February 1 — sends a powerful message to the rest of the world that the two sides are \"standing up against protectionism\", that they are committed to \"improve conditions for small and medium-sized companies\" and that they are \"willing to strengthen WTO (World Trade Organisation) and other international organisations\". \u003cbr/\u003e\u003cbr/\u003e\"I think that in times of protectionism this is an important message,\" she also said. \u003cbr/\u003e\u003cbr/\u003e\"We have engaged during my mandate a lot with those who have felt a lack of trust in trade policies or a general frustration of globalisation. Now trade is a good thing, it brings jobs and it brings much more jobs than disappear.\" \u003cbr/\u003e\u003cbr/\u003e\"But we have tried to engage with these people, listening\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eCurator Rating\u003c/dt\u003e\n\u003cdd\u003e\u003cspan class=\"star-rating\" aria-label=\"3.5 out of 5 stars\" role=\"img\"\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-solid fa-star-half-stroke text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003ci class=\"fa-regular fa-star text-action\" aria-hidden=\"true\"\u003e\u003c/i\u003e\u003c/span\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt class=\"educator-rating-title\"\u003eEducator Rating\u003c/dt\u003e\u003cdd\u003e\u003cdiv class=\"educator-rating-details\" data-path=\"/educator_ratings/rrp_data?resourceable_id=91053093\u0026amp;resourceable_type=Boclips%3A%3AVideoMetadata\"\u003e\u003cspan class=\"not-yet-rated\"\u003eNot yet Rated\u003c/span\u003e\u003c/div\u003e\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eMedia Length\u003c/dt\u003e\n\u003cdd\u003e8:06\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eGrade\u003c/dt\u003e\u003cdd title=\"Grade\"\u003e9th - Higher Ed\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\u003cdt\u003eSubjects\u003c/dt\u003e\u003cdd\u003e\u003cspan\u003e\u003ca href=\"/search?grade_ids%5B%5D=259\u0026amp;grade_ids%5B%5D=255\u0026amp;grade_ids%5B%5D=256\u0026amp;grade_ids%5B%5D=257\u0026amp;grade_ids%5B%5D=258\u0026amp;search_tab_id=1\u0026amp;subject_ids%5B%5D=358379\"\u003eSocial Studies \u0026amp; 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