The statement by the European Commission comes as Washington is engaged in trade rows with not only the bloc, but with China, India, and other countries as well.

Brussels stated on Wednesday that it was reducing economic growth forecasts for the EU, emphasising the risk posed by “any further escalation of trade tensions”.

“Overall, the euro area economy is set to continue expanding this year and next, with annual growth forecast to slow from 1.9% in 2018 to 1.2% in 2019 (1.4% in the EU) before firming up at 1.4% in 2020 (1.6% in the EU) helped by a higher number of working days”, the forecast read.

According to the commission, “the outlook for trade and investment continues to be clouded by protectionism and uncertainty”.

Earlier this month, Washington also published a list of EU products worth $4 bln that could face additional US tariffs in the wake of the ongoing dispute between Boeing and Airbus.

In the meantime, US President Donald Trump said he wouldn’t introduce new tariffs against Beijing, but stressed that the US won’t be removing trade tariffs on Chinese goods for now.

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