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EU trade ministers meet in Warsaw amid uncertainty in bloc over Trump’s trade policy – Europe live – Today news

Today news
2025-02-04 08:21:00

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Morning opening: Groundhog Day 2025

Jakub Krupa

AJ Dereume holds up groundhog Punxsutawney Phil, as he makes his prediction on how long winter will last, during the Groundhog Day festivities. Photograph: Alan Freed/Reuters

What would you do if you were stuck in one place, and every day was exactly the same, and nothing that you did mattered?

EU trade ministers attending this morning’s informal meeting in Warsaw may well be asking themselves that question.

Originally it is a quote from the 1993 movie Groundhog Day about… you know what. You watched it, surely. Everyone has by now.

For EU leaders, it is also about the new challenge of figuring out who could be targeted by the US president Donald Trump’s trade policy next. Every. Single. Day.

European Commission president Ursula von der Leyen admitted last night that there were “clearly new challenges and growing uncertainties” with the US and waved a finger at Trump, saying the bloc would “respond firmly” if targeted “unfairly or arbitrarily” by the US.

Her principles for dealing with the US president were fairly simple: “be prepared… be very pragmatic, engage early, discuss and negotiate with necessary,” while focusing on reforming the bloc from within.

Well, good luck.

Overnight, Trump pulled back from imposing tariffs on Canada and Mexico (for now?) but followed through on his promises to target China, sparking instant retaliation from Beijing.

Fortunately, EU trade ministers are meeting in Warsaw today to predict the unpredictable, figure out where we go next and how the bloc can “be prepared” for Trump. They will sort it out, right?

As the Bloomberg journalist and author Javier Blas commented on Trump’s brinkmanship style of negotiating: “So, do we do this every 30 days for the next four years?”

PS. The actual Groundhog Day was on Sunday, and Punxsutawney Phil, the hedgehog, has seen his shadow and is predicting six more weeks of wintry weather.

That’s 1444 days, and 16 hours in human terms, until 20 January 2029. At least.

It’s Tuesday, 4 February 2025, and this is Europe live. It’s Jakub Krupa here.

Good morning.

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