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EU Ready to Negotiate, Offers to Scrap Tariffs on Industrial Goods, Says Chief

  • The European Union has proposed a 'zero-for-zero' tariff deal on industrial goods to ease trade tensions with the United States, stated European Commission President Ursula von der Leyen.
  • Von der Leyen emphasized the EU's readiness for negotiations while preparing countermeasures if talks fail, protecting against potential trade diversion.
  • The U.S. Administration has expressed skepticism about the EU's proposal due to concerns about non-tariff barriers amidst escalating trade tensions.
  • The tariffs imposed by the U.S. Have caused European stock indices to drop nearly 6%, highlighting the impact on global markets.
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Pénzcentrum broke the news in on Monday, April 7, 2025.
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