Published by Global Banking & Finance Review®
Posted on February 19, 2025
1 min readLast updated: January 26, 2026
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EU's trade chief Maros Sefcovic is ready to negotiate tariff reductions with Trump, aiming for fair and mutually beneficial trade deals.
WASHINGTON (Reuters) - The European Union's top trade officials said on Wednesday that the bloc was interested in making mutually beneficial trade deals with U.S. President Donald Trump, and was ready to discuss the potential for reducing or eliminating tariffs on motor vehicles and other goods.
Maros Sefcovic, commissioner for trade and economic security, told an American Enterprise Institute event in Washington that he would tell Trump administration officials that he hoped to avoid unilateral U.S. tariffs and European retaliation.
"I will be making this point to my American counterparts when I meet them later today. The EU is interested in making deals – deals that foster fairness, burden-sharing and mutual benefits," Sefcovic said.
(Reporting by David Lawder; additional reporting by Philip Blenkinsop, Editing by Franklin Paul)
The EU trade chief expressed interest in making mutually beneficial trade deals with U.S. President Donald Trump.
Maros Sefcovic hoped to avoid unilateral actions from the Trump administration during trade discussions.
The EU is looking for trade deals that foster fairness, burden-sharing, and mutual benefits.
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