Calm dialogue needed between EU, US over tariffs
- The European Commission is finalizing plans to impose tariffs on about €100 billion worth of US goods if trade talks with Washington fail soon.
- These measures respond to stalled negotiations triggered by US tariffs introduced mid-March on steel, aluminum, and other products under President Trump.
- Currently, a European delegation led by Sabine Weyand is in Washington holding discussions to advance talks and avoid further escalation.
- EU Trade Commissioner Maroš Šefčovič expressed that the current circumstances are unacceptable and emphasized the need for the EU to take proactive measures in response.
- If diplomacy fails, the EU plans to activate tariffs worth nearly €100 billion, signaling serious tension but aims to unblock dialogue and resolve disputes.
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The EU will impose prices on US products of EUR 100 billion if bilateral discussions fail (Bloomberg)
The European Union intends to impose additional customs tariffs for American products in value of approximately EUR 100 billion, in the event that the current trade discussions will not lead to a satisfactory outcome for the Community block, more sources of proximity to Bloomberg have been announced in March for Bloomberg.
·Romania
Read Full ArticleEU Targets €100 Billion of US Goods With Tariffs If Talks Fail
The European Union plans to hit about €100 billion ($113 billion) in US goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result for the bloc, according to people familiar with the matter.
·United States
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Leaning Left2Leaning Right1Center4Last UpdatedBias Distribution57% Center
Bias Distribution
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57% Center
L 29%
C 57%
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