In a changing world, some jobs disappear and new ones are created. That's how it has been for hundreds of years. When jobs disappear, the vast majority is not because of global trade, but because of technical advances, robotization and so on. So, we - and in particular, EU member states - have to invest more in training and education so that people will have new opportunities if their jobs are cut. The EU can also better utilize its investment and social funds to protect its citizens from swift changes.
Cecilia MalmstromEurope is good at many things, which is why we are the largest exporter in the world. Thirty million people in Europe are employed in making our exports of goods and services. Just under 900 thousand of them are in Sweden.
Cecilia MalmstromEven though we still don't know any precise details, we're already making it clear that some proposals like a border tax or "buy-American" regulations are heading in a protectionist direction. The Americans' sudden proposal to classify certain steel products as national security-related is also something that we find highly problematic.
Cecilia MalmstromThe U.S. has dropped its role as the vanguard of free trade, they are looking for a new partner: the EU.
Cecilia MalmstromI actually do not believe that Trump is anti-trade as such. He himself was a life-long trader in his own area, the real estate sector. And hasn't he just closed an arms deal with the Saudis valuing over $100 billion? The difference is that Trump sees trade as something with a winner and a loser. This seems to be a theme of his, and that makes us different. For us, trade is something where both sides win.
Cecilia Malmstrom