EU Seeks Negotiations with US on Tariff Elimination

The European Union is eager to negotiate with the United States to eliminate tariffs on various imported goods, particularly seeking 'zero-for-zero reciprocal tariffs for all industrial goods including cars.' EU officials emphasize the need for the U.S. to clarify its objectives in these discussions, which were highlighted during a recent meeting between EU Trade Chief Maros Sefcovic and U.S. Trade Representative Jamieson Greer. While both parties expressed a willingness to address common challenges, the EU has imposed significant tariffs on U.S. goods in the past and has currently paused retaliatory measures to foster negotiations. Meanwhile, President Trump has signaled potential delays on auto tariffs and is investigating tariffs on semiconductors and pharmaceuticals, amidst ongoing trade tensions with China. Despite these developments, reports indicate that little progress has been made in the trade talks between the U.S. and the EU. EU officials maintain that certain standards, especially regarding food health and safety, remain non-negotiable.