EU Plans Talks on Lower Car Tariffs with US

The European Union is open to discussions about lowering or eliminating tariffs on cars and other industrial goods to prevent a trade conflict with the United States, according to EU trade commissioner Maros Sefcovic. During his visit to Washington, Sefcovic emphasized the EU's willingness to negotiate, stating that they aim to avoid unnecessary escalation of tariffs. He expressed hope for a mutually beneficial agreement while warning that the EU would respond firmly if the U.S. implements threatened tariffs, including a proposed 25% tax on steel and aluminum. President Trump has called for reciprocal tariffs, particularly targeting European auto imports, which currently face a higher tariff rate than American vehicles. However, the EU has yet to present a concrete proposal for tariff reductions, stressing the need for fair negotiations. Sefcovic's statements reflect a desire to maintain a strong transatlantic relationship amidst rising trade tensions.