EU Calls for ‘Respect’ as Trump Threatens 50% Tariffs on European Goods
#image_title

EU Calls for ‘Respect’ as Trump Threatens 50% Tariffs on European Goods


Share this post

The European Union's trade chief said the 27-member bloc is committed to securing a trade deal with the US based on "respect" not "threats".

It comes after US President Donald Trump threatened to slap a 50% tariff on all goods sent to the US from the EU.

"The EU's fully engaged, committed to securing a deal that works for both," EU Trade Commissioner Maros Sefcovic said after a call with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick.

"EU-US trade is unmatched & must be guided by mutual respect, not threats. We stand ready to defend our interests."

Earlier on Friday, Trump expressed impatience with the pace of ongoing EU-US trade negotiations, saying his plan to raise tariffs on 1 June was set.

Writing on social media, Trump said: "Our discussions with [the EU] are going nowhere," adding that there would be no tariffs for products built or manufactured in the US.

"I'm not looking for a deal - we've set the deal," he told reporters later, before immediately adding that a big investment in the US by a European company might make him open to a delay.

The EU is one of the Washington's largest trading partners, sending more than $600bn (€528bn; £443bn) in goods last year and buying $370bn worth, US government figures show.

Reacting to Trump's threats, European governments warned that higher tariffs would be damaging to both sides.

"We do not need to go down this road," said Ireland's Taoiseach (Prime Minister) Micheál Martin. "Negotiations are the best and only sustainable way forward."

France's Foreign Minister Laurent Saint-Martin, said: "We are maintaining the same line: de-escalation, but we are ready to respond."

German Economy Minister Katherina Reiche said the bloc "must do everything" to reach a solution with the US.

While Dutch Prime Minister Dick Schoof told reporters that he backed the EU's strategy in trade talks and "we have seen before that tariffs can go up and down in talks with the US".

US President Donald Trump in April announced what he called "reciprocal tariffs" on goods from countries around the world

The EU is negotiating with the US as a bloc, though Stephen Moore, a former economic advisor to Trump who works for conservative think tank the Heritage Foundation, said: "What may happen in Europe... is that we may try to negotiate individually with countries in Europe."

He added that in his opinion Trump's "ultimate aim is really to decouple not just the US but the whole world from Chinese influence which would be a very good thing if he could pull that off".

In early April, Trump announced tariffs against a long list of countries, including a 20% tax on most EU goods being sold into the US.

Soon afterwards, the president paused the higher tariffs for three months, until 8 July, to allow for more negotiations, but kept a 10% baseline tax in place against the US's trade partners.

Higher US tariffs also remained in place against China though they were substantially lowered.

Despite the climbdown from Trump, the US kept a 25% tariff against EU steel and aluminium imports in place.

The EU has threatened – and paused – its own measures against the US. It said it would introduce a 25% tariff on €18bn ($20bn; £15bn) worth of US goods coming into Europe but this has been put on hold.

It is also currently consulting on additional measures against US imports into the US valued at €95bn.

Trump's complaints about Europe have focused on what he claims is an uneven trade relationship - the EU sells more goods to the US than it buys from America.

Trump blames a trade deficit on policies that he claims are unfair to American companies, and he has specifically raised concerns about policies related to cars and agricultural products.

Trump also warned Apple that he would impose a 25% import tax "at least" on iPhones not manufactured in America, later widening the threat to any smartphone.

Shares in the US and EU fell on Friday after the latest threats, with America's S&P 500 down about 0.7% and Germany's Dax and France's Cac 40 ending the day down more than 1.5%.


Share this post
Comments

Be the first to know

Join our community and get notified about upcoming stories

Subscribing...
You've been subscribed!
Something went wrong
Trump says $72bn Netflix-Warner Bros deal “could be a problem”

Trump says $72bn Netflix-Warner Bros deal “could be a problem”

US President Donald Trump has flagged potential concerns over Netflix's planned $72bn (£54bn) deal to buy Warner Brothers Discovery's movie studio and popular HBO streaming networks. At an event in Washington DC on Sunday, he said Netflix has a "big market share" and the firms' combined size "could be a problem". On Friday, the two companies said they had reached an agreement to bring Warner Brothers' franchises like Harry Potter and Game of Thrones to Netflix, creating a new media giant. The


O A

Moscow Welcomes New US Security Strategy, Says It Aligns With Russia’s Vision

Moscow Welcomes New US Security Strategy, Says It Aligns With Russia’s Vision

Russia has welcomed US President Donald Trump's new National Security Strategy, calling it "largely consistent" with Moscow's vision.  The 33-page document, unveiled by the US administration this week, suggests Europe is facing "civilisational erasure" and does not cast Russia as a threat to the US.  Combatting foreign influence, ending mass migration, and rejecting the EU's perceived practice of "censorship" are mentioned as other priorities in the report.  Several EU officials and analysts


O A

US National Park Service removes free entry on MLK Day and Juneteenth

US National Park Service removes free entry on MLK Day and Juneteenth

The US National Park Service (NPS) is removing Martin Luther King Jr Day and Juneteenth from its list of fee-free entrance days. The move is part of President Donald Trump’s “modernisation” of the park service, which, beginning in 2026, also includes changing the parks’ cost structure to favour American citizens over foreign visitors, following a July executive order from Trump. In addition to removing the two holidays that celebrate civil rights leader MLK Jr and the end of slavery in the US,


O A

iHeartRadio Bans AI-Generated Music and Voices Under New “Guaranteed Human” Policy

iHeartRadio Bans AI-Generated Music and Voices Under New “Guaranteed Human” Policy

Leading U.S. radio network iHeartRadio announced Tuesday that it will no longer air AI-generated music or use synthetic voices in its broadcasts, calling the move a commitment to authenticity. Under the new initiative, dubbed “Guaranteed Human,” on-air DJs must include the declaration “Guaranteed Human” in their hourly legal station identification to confirm that listeners are hearing real people—not AI-created voices. This ban will have an immediate impact on Timbaland’s AI artist TaTa and Ha


O A