Calm dialogue needed between EU, US over tariffs
- The European Commission is preparing to impose tariffs on approximately €100 billion worth of US products if trade negotiations with Washington do not succeed in the coming weeks.
- These measures follow President Trump’s April 2 tariffs targeting multiple countries, which reignited global trade tensions and provoked retaliatory levies from the EU and Beijing.
- Although negotiations began last month and include proposals to lower barriers and encourage investment, talks have stalled and there is little hope they will significantly change US policy.
- EU Trade Commissioner Maroa Œfovi emphasized that the EU will not be compelled to agree to an arrangement that disadvantages them, as preparations continue for retaliatory measures in response to US tariffs.
- The tariff threat underscores growing frustration in Brussels and signals readiness to escalate if diplomacy fails, while calls for calm dialogue and unity within the EU continue amid broader geopolitical concerns.
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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 Eyes €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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C 57%
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