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    Home»World Economy

    Trump team has not said what it wants in trade talks, says EU

    Team_NewsStudyBy Team_NewsStudyApril 15, 2025 World Economy No Comments3 Mins Read
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    The US has not informed the EU what it desires to raise commerce tariffs, the European Fee mentioned, after a two-hour assembly between the 2 sides’ commerce negotiators made little progress.

    EU commerce commissioner Maroš Šefčovič met commerce secretary Howard Lutnick on Monday to debate learn how to take away the so-called reciprocal tariffs imposed by the US, together with metal, aluminium and automobile levies, however the US facet did not set out its calls for.

    “We have to hear extra from the People. We have to have a clearer thought of what their most well-liked outcomes are in these negotiations,” mentioned EU trade spokesman Olof Gill on Tuesday. 

    Gill mentioned Šefčovič had repeated a proposal to mutually drop all industrial items tariffs.

    “The EU is doing its half. Now, it’s vital for the US to outline its place. As with each negotiation, this have to be a two-way avenue . . . with either side bringing one thing,” he mentioned. 

    The White Home and commerce division didn’t instantly reply to a request for remark.

    The US listed a protracted set of grievances when it imposed, then paused, reciprocal tariffs on a lot of the world this month. However calculations had been primarily based on the commerce surplus in items between them and the US. The EU was given 20 per cent, primarily based on the $235bn items surplus it had in 2024.

    Donald Trump has mentioned the EU can purchase extra liquefied pure fuel, which Brussels has agreed to in precept.

    The US president has additionally attacked the EU for not shopping for sufficient vehicles and “non-tariff boundaries” that exclude US hen rinsed with chlorine-based chemical substances, and beef from cattle fed hormones. He has railed in opposition to VAT, and its digital regulation.

    Inside days of imposing the tariffs Trump dropped them and solely utilized a ten per cent levy for nearly all nations for 90 days, whereas encouraging companions to hunt offers to scale back the duties completely.

    However on Monday he additionally instructed officers to arrange recent measures in opposition to semiconductor and pharmaceutical merchandise. Šefčovič reiterated the significance of resilient transatlantic provide chains in these sectors, Gill mentioned. 

    Really helpful

    Gill mentioned the assembly was a “targeted scoping” session, with the zero tariff plan and the worldwide overcapacity in metal and aluminium industries additionally lined. 

    However he added that meals security requirements had been “sacrosanct”.

    “The commissioner reiterated that the EU and the US share many challenges and will handle them collectively to the good thing about either side,” he mentioned. 

    “The EU will proceed to method these talks in a constructive method, with a view to determine areas of widespread curiosity. It’s clear that vital joint efforts can be wanted to attain a profitable final result throughout the 90-day window.”

    The EU has paused its retaliatory tariffs in response to the metal and aluminium levies till July 14. It was persevering with to work on additional measures for the opposite tariffs, Gill mentioned, in case there was no settlement.



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