Ireland will urge EU to deploy trade 'big bazooka' only if diplomacy fails, as Taoiseach warns of major job losses
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Ireland will urge EU to deploy trade 'big bazooka' only if diplomacy fails, as Taoiseach warns of major job losses
"Ireland remains cautious about deploying the so-called "big bazooka" economic mechanism against the US, despite Europe moving closer to using the trade weapon in response to threats to take Greenland. Amid reports that Germany is moving towards supporting France in its call for EU member states to ask the European Commission to unleash the Anti-Coercion Instrument, Ireland has remained coy on its position and is instead calling for dialogue to avert an all-out trade war."
"European stance hardens as Donald Trump says 'no going back' on bid to seize Greenland Ireland remains cautious about deploying the so-called "big bazooka" economic mechanism against the US, despite Europe moving closer to using the trade weapon in response to threats to take Greenland. Amid reports that Germany is moving towards supporting France in its call for EU member states to ask the European Commission to unleash the Anti-Coercion Instrument, Ireland has remained coy on its position and is instead calling for dialogue to avert an all-out trade war."
European leaders are moving closer to deploying the EU's Anti-Coercion Instrument in response to threats by the United States related to Greenland after Donald Trump insisted there was 'no going back' on a bid to seize Greenland. Germany is reported to be shifting toward supporting France's call for member states to urge the European Commission to activate the Anti-Coercion Instrument. Ireland remains cautious about using the so-called "big bazooka" economic mechanism against the US and is calling for dialogue to avoid an all-out trade war, maintaining a coy position amid growing EU pressure.
Read at Irish Independent
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