US EditionEU Ready to Negotiate, Offers to Scrap Tariffs on Industrial Goods, Says Chief
- The European Union is willing to negotiate a tariff-free trade agreement with the United States but is also prepared to retaliate against U.S. tariffs on steel and aluminum.
- EU Trade Commissioner Maros Sefcovic announced that retaliatory duties on selected U.S. imports would start on April 15.
- European Commission President Ursula von der Leyen stated the EU has proposed a zero-for-zero tariff offer on industrial goods to encourage negotiation.
- French officials are advocating for U.S. digital services to be targeted, but Ireland has resisted this idea due to its importance to U.S. tech firms' European operations.
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Italian FM points out the objective of zero tariffs with the US
“Our goal is zero reciprocal tariffs,” said Tajani in an interview with the newspaper La Nazione, also published on the official website of the Italian Foreign Ministry, and also referred to ‘the prospect of having a large transatlantic market, something that was already being talked about a decade ago’. The Italian Minister stated that, in this way, it will be possible to ‘make the West a great opportunity for all those who take the path’, and …
As US President Donald Trump imposes tariffs on countries, Europe is sending a clear message that it is ready to negotiate and talk, says MEP Virginijus Sinkevičius. Nevertheless, the question of what the US is seeking with the tariffs remains unanswered. "I'm afraid there is a bit of an ideological bias against the EU here," the MEP comments.
“The challenge to be explored, on the other hand, is the one that Italy was among the first nations to promote, and which President von der Leyen also reiterated yesterday, namely the possibility of eliminating mutual duties on existing industrial products with the formula 'zero by zero'”
The Minister of Finance visited the Hofburg for a working meeting with the head of state Alexander van der Bellen, who highlighted the importance of the "Transatlantic Axis" for Europe.
Customs conflict - China calls Trump's threat a mistake - Finland and Sweden for Mercosur agreements
China has reaffirmed its tough stance towards the US. The threat of even higher tariffs on Chinese goods once again demonstrates the blackmailing nature of the US, the Department of Commerce in Beijing announced. EU Commission President von der Leyen called on China to negotiate with Washington. Finland and Sweden advocated a rapid application of the planned Mercosur Free Trade Agreement.
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