EU's Sefcovic: Sooner or later, EU and U.S. will sit at negotiation table - Finance news and analysis from Global Banking & Finance Review
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EU's Sefcovic: Sooner or later, EU and U.S. will sit at negotiation table

Published by Global Banking & Finance Review

Posted on April 7, 2025

1 min read

· Last updated: April 7, 2025

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EU's Sefcovic Predicts Trade Talks with US Amid Tariffs

LUXEMBOURG (Reuters) - EU trade commissioner Maros Sefcovic said on Monday the European Union and the United States would end up reaching an agreement on trade after U.S. President Donald Trump announced last week a sweeping round of tariffs for most imported goods.

"Sooner or later, we will sit at the negotiation table with the U.S. and find a mutually acceptable compromise," he told reporters.

In view of the shift initiated by the U.S., Sefcovic said it was time for the EU to "reengage" in trade talks with China.

(Reporting by GV De Clercq and Benoit Van Overstraeten; Editing by Gareth Jones)

Key Takeaways

  • EU and US are expected to negotiate a trade agreement.
  • US President Trump announced new tariffs on imports.
  • EU trade commissioner emphasizes reengaging with China.
  • Maros Sefcovic sees a compromise as inevitable.
  • Trade tensions prompt EU to reconsider global trade strategies.

Frequently Asked Questions

What is the main topic?
The main topic is the anticipated trade negotiations between the EU and the US following new US tariffs.
What actions does the EU plan to take?
The EU plans to reengage in trade talks with both the US and China to find mutually beneficial agreements.
Who is Maros Sefcovic?
Maros Sefcovic is the EU trade commissioner who commented on the potential for EU-US trade negotiations.

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