Close Menu
    Saudi InquirerSaudi Inquirer
    • Home
    • Contact Us
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Saudi InquirerSaudi Inquirer
    Home » Trump’s 50 percent EU tariff plan met with EU resistance
    News

    Trump’s 50 percent EU tariff plan met with EU resistance

    May 26, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    European Union Trade Commissioner Maros Sefcovic has called for trade relations between the European Union and the  United States to be governed by mutual respect rather than threats. His remarks followed a statement from U.S. President Donald Trump in which he proposed a 50 percent tariff on EU imports, to take effect from 1 June.

    The proposed tariff marks a sharp escalation in trade tensions between the two transatlantic partners. In a social media post published on Friday, Sefcovic emphasized the European Commission’s continued commitment to constructive dialogue. He reiterated the EU’s willingness to negotiate a balanced trade agreement that benefits both sides, stating, “The EU Commission remains ready to work in good faith.”

    The European Commission has not yet issued an official response detailing potential countermeasures, but Sefcovic’s comments suggest the bloc is prepared to act in defense of its economic interests. “EU-US trade is unmatched and must be guided by mutual respect, not threats. We stand ready to defend our interests,” he wrote.

    The tariff threat from President Trump appears to stem from long-standing grievances over trade imbalances and regulatory standards. During his previous term, the Trump administration imposed tariffs on EU steel and aluminum, triggering retaliatory measures from Brussels. The resumption of similar trade tactics may signal a return to more confrontational economic policies under his current administration.

    No formal negotiations have been announced since Trump’s statement. However, EU officials have indicated that they remain open to discussions aimed at de-escalating tensions and avoiding a wider trade conflict. The scale of the proposed tariffs has raised concerns among European exporters, particularly in the automotive and luxury goods sectors, which are heavily reliant on the U.S. market.

    The U.S. and EU are two of the world’s largest trading partners, with annual bilateral trade in goods and services exceeding €1 trillion. Disruptions to this flow could have significant repercussions for global markets and supply chains. Analysts are closely watching the situation for any signs of retaliatory tariffs or legal action at the World Trade Organization.

    While the White House has not issued further details about the proposed measure, the European Commission is expected to consult with member states in the coming days to assess its potential economic impact and determine an appropriate response. The next steps will likely depend on whether the U.S. administration follows through with the tariff imposition on 1 June. – By MENA Newswire News Desk.

    Related Posts

    UAE President receives flydubai crew from September incident

    October 28, 2026

    Carney hosts Abu Dhabi Crown Prince at Ottawa dinner banquet

    October 28, 2026

    Iran war threatens Africa food security, trade officials warn

    October 27, 2026

    Modi meets BRICS MPs at 12th Parliamentary Forum in Delhi

    October 27, 2026

    India and Poland agree to double bilateral trade by 2030

    October 24, 2026

    Magnitude 7 earthquake in Tibet kills 16 and injures dozens

    October 23, 2026
    Latest News

    UAE President receives flydubai crew from September incident

    October 28, 2026

    DR Congo Ebola cases top 10,000 in fastest-growing outbreak

    October 28, 2026

    Carney hosts Abu Dhabi Crown Prince at Ottawa dinner banquet

    October 28, 2026

    Iran war threatens Africa food security, trade officials warn

    October 27, 2026
    © 2026 Saudi Inquirer | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.