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The EU is ‘making progress’ toward a €50 billion trade deal with the US, trade commissioner tells FT

  • The European Union is making ‘certain progress’ toward a €50 billion trade deal with the United States, according to Maroa Sefcovic, the EU’s trade commissioner, in an interview with the Financial Times.
  • Sefcovic stated that the EU would not accept 10% tariffs on its goods as a ‘fair resolution’ to trade talks.
  • Sefcovic warned that reaching a deal that is ‘clearly good and acceptable’ for member states and the European Parliament would be ‘very difficult’.
  • The EU is willing to collaborate with the U.S. To address the impact of China’s export surge as part of the trade deal discussions, according to Sefcovic.
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freshplaza.com broke the news in on Wednesday, April 30, 2025.
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