EU trade chief seeks joint effort with U.S. on fair tariff deal - Headlines news and analysis from Global Banking & Finance Review

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Headlines

EU trade chief seeks joint effort with U.S. on fair tariff deal

Published by Global Banking & Finance Review

Posted on April 14, 2025

1 min read

· Last updated: April 14, 2025

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EU Aims for Fair Tariff Deal with US Through Joint Effort

BRUSSELS (Reuters) - The European Union is seeking a fair deal on tariffs with the United States, European Trade Commissioner Maros Sefcovic said on Monday, adding that this would require a "significant joint effort" on both sides.

"In DC,... seizing the 90-day window for a mutual solution to unjustified tariffs," Sefcovic wrote on X after meeting U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer in Washington.

He added that the EU "remains constructive and ready for a fair deal - including reciprocity through our 0-for-0 tariff offer on industrial goods and the work on non-tariff barriers."

"Achieving this will require a significant joint effort on both sides."

(Reporting by Geert De Clercq and Philip Blenkinsop)

Key Takeaways

EU seeks a fair tariff deal with the US.
Maros Sefcovic emphasizes joint effort for resolution.
The EU proposes a 0-for-0 tariff offer on industrial goods.
Non-tariff barriers are also a focus in negotiations.
Sefcovic met with US officials in Washington.

Frequently Asked Questions

What is the main topic?

The main topic is the EU's effort to negotiate a fair tariff deal with the US, focusing on industrial goods and non-tariff barriers.

Who is involved in the negotiations?

European Trade Commissioner Maros Sefcovic, US Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer are involved.

What is the EU proposing?

The EU is proposing a 0-for-0 tariff offer on industrial goods and addressing non-tariff barriers.

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