Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Exclusive-Aide to EU chief joins tariff negotiation team to spur US talks, sources say
    Headlines

    Exclusive-Aide to EU chief joins tariff negotiation team to spur US talks, sources say

    Published by Global Banking & Finance Review®

    Posted on June 5, 2025

    3 min read

    Last updated: January 23, 2026

    Exclusive-Aide to EU chief joins tariff negotiation team to spur US talks, sources say - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:AppointmenttradeEuropean Commission

    Quick Summary

    The EU revamps its trade team to expedite negotiations with the US, aiming to prevent tariff hikes and achieve a comprehensive deal.

    EU Revamps Trade Negotiation Team to Accelerate Talks with US

    By Julia Payne and Jan Strupczewski

    BRUSSELS (Reuters) -The European Union has changed its team locked in trade talks with the Trump administration, bringing in a close aide to European Commission President Ursula von der Leyen to deal more swiftly with political questions arising from the technical negotiations, three sources familiar with the talks said.

    The move follows frequent outbursts of frustration by U.S. President Donald Trump at what the White House perceives as slow progress in talks with the EU. Late in May he recommended a 50% tariff on most European goods from June, before backtracking.

    The move to bring more political decision-making to the EU team reflects challenges confronting the bloc as it negotiates a trading relationship with a U.S. president who has said repeatedly the EU was established to screw the United States.

    It also reflects the difficulties negotiating trade terms in isolation when Trump has sought to fold non-tariff barriers such as digital services taxes and food standards into the talks.

    "If you are a trade negotiator you need to be sure you have full political backing, so if the top level is there you feel stronger," one of the sources said.

    The expanded team, which apart from the von der Leyen aide now also includes a cabinet member of Trade Commissioner Maros Sefcovic, was dispatched to Washington this week after a call between Trump and von der Leyen in which they agreed to fast-track negotiations. 

    Following that call Trump agreed to allow more time for talks between Washington and the 27-nation bloc to produce a deal by July 9.

    "It was a merger of Commission layers to reinforce and act fast," a second of the sources said of the team's expansion, adding the team's shape could change again as talks continue.

    U.S. Trade Representative Jamieson Greer said a meeting with Sefcovic in Paris on Wednesday had been constructive and that he was pleased negotiations were advancing quickly. He noted "a willingness by the EU to work with us to find a concrete way forward to achieve reciprocal trade". 

    Sefcovic told reporters that both sides had concluded talks were "advancing in the right direction, at pace," and that high-level contacts would follow shortly. He and Greer had agreed how to "restructure" the focus of negotiations with the United States, he added.

    Washington was focused on four areas in its negotiations with other countries: tariffs, non-tariff barriers, purchases and economic security, one of the sources said. 

    Trump has already hit Europe with a 50% tariff on steel and aluminium as well as a heightened levy on car imports. The EU is racing to secure a deal before July 9 when "reciprocal" tariffs on most other goods could surge from 10% to as high as 50%.

    Unlike Britain, the first major economy to reach a narrow trade agreement with the Trump administration, the EU is pushing for a comprehensive deal, with a baseline tariff rate below the 10% now in force.

    Two of the three sources said additional technical expertise had also been added to the negotiating team, but there had been no changes to the team's leadership.

    "I think it suits everyone to have the political cover," the first source said.  

    (Reporting by Julia Payne and Jan Strupczewski; editing by Richard Lough, William Maclean)

    Key Takeaways

    • •EU reshapes its trade negotiation team with the US.
    • •Aide to EU chief joins to address political questions.
    • •Talks aim to avoid increased tariffs by July 9.
    • •US focuses on tariffs, non-tariff barriers, and security.
    • •EU seeks a comprehensive trade deal with the US.

    Frequently Asked Questions about Exclusive-Aide to EU chief joins tariff negotiation team to spur US talks, sources say

    1Who has joined the EU's trade negotiation team?

    A close aide to European Commission President Ursula von der Leyen has joined the EU's trade negotiation team to enhance discussions with the Trump administration.

    2What prompted the EU to change its negotiation team?

    The change was prompted by frustrations expressed by U.S. President Donald Trump regarding the slow progress in trade talks with the EU.

    3What are the main areas of focus in the US-EU trade negotiations?

    Washington is focusing on tariffs, non-tariff barriers, purchases, and economic security in its negotiations with the EU.

    4What is the deadline for the EU to secure a trade deal with the US?

    The EU is racing to secure a trade deal before July 9, when reciprocal tariffs on most other goods are set to take effect.

    5How has the EU's negotiation strategy changed?

    The EU has expanded its negotiation team to include more political decision-makers and technical expertise to reinforce its position in talks with the US.

    More from Headlines

    Explore more articles in the Headlines category

    Image for French justice opens Epstein-linked probe against former culture minister
    French justice opens Epstein-linked probe against former culture minister
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected arson hits Italian rail network near Bologna, police say
    Suspected arson hits Italian rail network near Bologna, police say
    Image for Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    View All Headlines Posts
    Previous Headlines PostRemains of Canadian hostage returned to Israel, Canadian PM Carney says
    Next Headlines PostFormer Arsenal forward jailed in UK on cannabis smuggling charge