• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Maros Sefcovic, the nominee to become the European Union's trade and economic commissioner,  attends a confirmation hearing before the European Parliament's international trade and constitutional affairs committees, in Brussels, Belgium November 4, 2024. Johanna Geron, in Brussels, Belgium November 4, 2024. Johanna Geron
Maros Sefcovic, the nominee to become the European Union's trade and economic commissioner, attends a confirmation hearing before the European Parliament's international trade and constitutional affairs committees, in Brussels, Belgium November 4, 2024. Johanna Geron, in Brussels, Belgium November 4, 2024. Johanna Geron
Home
World
Europe

EU wants early US talks to avert Trump tariffs

February 4th, 2025 | 11:57 AM WORLD Europe 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Romania destroys marine drone near Neptun Deep gas project, minister says
Ukraine's parliament approves Yevhenii Khmara as new defence minister
Russian drone attacks kill five in Ukraine's Kherson, governor says
ECB's Rehn says wage growth remains moderate, no second-round effects
By Philip Blenkinsop

The European Union wants to engage swiftly with the United States over President Donald Trump's planned tariffs, trade chief Maros Sefcovic said on Tuesday, while his boss Ursula von der Leyen stressed the bloc would protect its interests in negotiations.

Sefcovic, speaking before a meeting of EU ministers to debate trade and EU competitiveness, said he wanted "early engagement" and was awaiting confirmation of the appointment of Trump's pick for Commerce Secretary, financier Howard Lutnick.

"We are ready to engage immediately and we hope that through this early engagement, we can avoid the measures which would bring a lot of disturbance to the most important trade and investment relationship on this planet," he told reporters.

Von der Leyen, the European Commission president, said the EU executive's first priority was to work on the many areas where EU and U.S. interests converge, such as critical supply chains and emerging technologies.

In a speech in Brussels, she said the EU was ready for tough negotiations to work out grievances and set the foundations for a stronger partnership.

"We will be open and pragmatic in how to achieve that. But we will make it equally clear that we will always protect our own interests – however and whenever that is needed," Von der Leyen said.

EU officials say contacts with the Trump administration have been limited so far, noting that Trump's picks for top jobs are not able to speak to foreign counterparts until their positions have been confirmed. Von der Leyen and Trump have not been in contact since Trump's inauguration.

The EU meeting in Warsaw started just a few hours after additional U.S. tariffs of 10% on Chinese goods took effect, prompting China to hit back. Canada and Mexico were also in line for 25% U.S. tariffs on Tuesday, but each secured a 30-day pause.

Trump has said the European Union is next in line. He has repeatedly complained about the U.S. trade deficit with the 27-country EU.

Sefcovic said that deficit, including services trade, was around 50 billion euros, or around 3% of overall annual EU-U.S. trade of 1.5 trillion euros, while 4 million jobs on both sides of the Atlantic were reliant on this open trading relationship.

"We believe through constructive engagement and discussion we can resolve this problem," he said.

Sefcovic did not go into how the bloc might negotiate, but some ministers offered advice on the EU approach.

Luxembourg foreign minister Xavier Bettel, who was prime minister during Trump's first term, said the EU needed to be united and strong and not begin negotiations with concessions.

"This is not the Marrakech souk," he said. "We don't offer. We listen, we exchange, we say things. We don't offer."

Irish trade minister Peter Burke also said it was not worthwhile at this point to make offers.

  • Topic
  • USA
  • TRUMP/TARIFFS
  • EUROPE (PIX, TV)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Romania destroys marine drone near Neptun Deep gas project, minister says

Related Posts

Europe
August 20th, 2026

Romania destroys marine drone near Neptun Deep gas project, minister say...

Europe
August 19th, 2026

Ukraine's parliament approves Yevhenii Khmara as new defence minister

Europe
August 19th, 2026

Russian drone attacks kill five in Ukraine's Kherson, governor says

Europe
August 19th, 2026

ECB's Rehn says wage growth remains moderate, no second-round effects

Europe
August 19th, 2026

Ukraine's anti-corruption agencies launch probe ahead of key defence min...

Europe
August 18th, 2026

EU sees Iceland vote as potential boost for enlargement optics

The Wire
Aug 20th 2 h ago
Americas

Brazil to keep fiscal framework, spending restraint under n...

Aug 20th 2 h ago
Asia Pacific

Bangladesh elects ruling party veteran Alamgir as president

Aug 20th 2 h ago
Europe

Romania destroys marine drone near Neptun Deep gas project,...

Aug 20th 2 h ago
World

Kremlin says ousted Ukrainian minister's call for elections...

Aug 20th 2 h ago
Middle East

US envoy Huckabee tells Israeli settlers not to take Palest...

TRENDING ON FINANCETIME
Aug 20th, 2026 Energy

EU not concerned about gas supply or storage filling, Commission says

Aug 20th, 2026 Litigation

Novonesis expects results from weight-loss drug supplement study in 2027

Aug 20th, 2026 Retail & Consumer

Ocado confirms Denmark's nemlig as latest European partner

Aug 20th, 2026 Government

Bitcoin, crypto shares climb after Trump pushes Clarity Act

Aug 20th, 2026 Business

Walmart reports rare comparable sales miss as consumers cut spending, shares fall

Markets-Sectors
TELECOMMUNICATIONS SERVICES +0.03%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT