US EditionEU trade negotiator says calls with US officials were ‘good’ after Trump extends tariff deadline
- The EU offered the US a 'zero for zero' trade deal on May 31, 2025, aiming to remove tariffs on industrial goods including autos to avoid new tariffs.
- This offer follows mounting tensions as Trump repeatedly threatened 50% tariffs on EU imports, initially set for June 1, but delayed to July 9 amid unresolved disputes.
- Key sticking points include EU sanitary rules, genetically modified crops, value-added taxes, and food safety standards, which the EU refuses to change, risking a trade embargo.
- Economists say 50% tariffs would reduce the eurozone economy by up to 1% and cut investment by over 6%, while Mary Lovely calls the US an "unreliable trading partner" due to erratic policies.
- The EU pushes for a deal to avoid economic harm and business uncertainty, while Trump’s delaying tactics and demands reflect ongoing volatility in US-EU trade relations.
432 Articles
432 Articles
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The EU remains fully committed to reaching an agreement with the US to prevent the implementation of tariffs, European Trade Commissioner Maros Sefcovic said Friday, after US judges questioned the constitutionality of Donald Trump's trade policy. In a message on the X network, Sefcovic pointed out that it is still a “priority” for the European bloc to reach an agreement. “Our time and effort are fully committed, as providing forward-looking solu…
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The European Union has claimed to be fully engaged in negotiations with the United States on customs taxes, after the suspension of certain customs duties decided under Donald Trump by an American court. ...
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