EU Calls for Respect in US Trade Talks After Trump Tariff Threats
EU Calls for Respect in US Trade Talks After Trump Tariff Threats

EU Calls for Respect in US Trade Talks After Trump Tariff Threats

News summary

The European Union has emphasized its commitment to securing a fair trade deal with the United States based on mutual respect rather than threats, following President Donald Trump's threat to impose a 50% tariff on all goods imported from the EU. EU Trade Commissioner Maros Sefcovic reiterated the bloc's readiness to defend its interests and work in good faith during ongoing negotiations, highlighting the significant trade volume between the two partners. Trump expressed frustration with the pace of talks and insisted the tariff plan was set, though he hinted at possible delays if European companies make substantial investments in the US. European leaders, including Ireland's Prime Minister Micheál Martin and Germany's Economy Minister Katherina Reiche, warned that escalating tariffs would harm both sides and stressed the importance of negotiations as the sustainable path forward. France and the Netherlands also voiced support for the EU's stance of de-escalation, making clear they are prepared to respond if necessary. The situation underscores rising tensions in transatlantic trade relations but also the EU's determination to pursue dialogue over confrontation.

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