Spanish PM Says Trade War Is Not in US, Europe's Interests

The transcript discusses the importance of maintaining strong transatlantic relations between the US and the EU, emphasizing shared values and interests. It highlights the EU's resilience in facing challenges like the COVID pandemic and the war in Ukraine, advocating for stronger ownership in sectors like digital technology and defense. The EU's approach to trade is explored, with a focus on recent agreements and the need for more trade, not less. The discussion also covers the EU's economic diversification, particularly with China, and the importance of balanced trade. Finally, the transcript emphasizes global trade opportunities and the need to strengthen multilateral institutions.

What is the main focus of the transatlantic relationship between Europe and the United States?

• To engage in a trade war

• To strengthen shared values and interests

• To isolate from each other

• To compete in digital technology

How has the European Union responded to recent global challenges?

• By focusing solely on climate change

• By strengthening ownership in digital technology and defense

• By reducing trade with other countries

• By isolating itself from the US

What is the European Union's approach towards trade with other countries?

• To reduce trade agreements

• To focus only on trade with the US

• To increase trade and diversify relationships

• To avoid trade with China

Why is it important for the EU to diversify its economic relationships?

• To maintain a balanced trade relationship with China

• To concentrate solely on digital technology

• To avoid any trade with Latin America

• To focus only on the US market

What is the EU's stance on multilateral institutions like the World Trade Organization?

• To weaken them

• To strengthen them

• To ignore them

• To replace them with bilateral agreements