Together, the listed companies have a market capitalization of over €800 billion, excluding Mistral’s €12 billion valuation.
Speaking to POLITICO in Strasbourg on Wednesday as he headed into a meeting with the U.S. ambassador to the EU, the European Parliament’s lead negotiator on U.S. relations Brando Benifei said: “I think that these declarations are not useful for the negotiations we have to do, and they are an attack on our regulatory autonomy, and I think they must be rejected firmly by our leaders.
“For sure, I will be clear with the U.S. interlocutors that they are not helpful. In fact, we are trying to advance on the issues on the table. And this is not good because it inflames the debate and will be, rightly so, not appreciated by our public opinions, the same constituents that want us to defend European interests.”
In an interview earlier this week, the EU’s trade chief Maroš Šefčovič said the EU and the U.S. “have a very similar view on economic security, on overcapacity across the world, on how to deal with non-market policies,” when asked how the X fine affects ongoing trade talks.
While U.S. President Donald Trump and Commission President Ursula von der Leyen struck a broad trade bargain in July at the Turnberry golf resort in Scotland, many of the details are yet to be figured out and talks are very much ongoing.
The EU is seeking to shield a wide range of EU products from U.S. tariffs but has yet to implement its side of the bargain, such as removing duties on U.S. industrial goods and some agricultural products.