The European Union plans to purchase $750 billion worth of oil and nuclear products from the US by 2028, and will also allocate $40 billion for AI chips. The EU will abolish tariffs on US industrial goods and increase defense procurement.
Donald Trump has toughened his demands on the EU, insisting on a minimum duty of 15-20% in a trade agreement. The US is considering reciprocal duties over 10% and threatens 30% tariffs on imports from the EU and Mexico starting August 1.
US President Donald Trump threatens to impose 30% tariffs on European goods from August 1, which, according to the EU's chief negotiator with the US, Maroš Šefčovič, will "practically ban" transatlantic trade. The EU has postponed the introduction of retaliatory tariffs on American goods until August 1 and is discussing further countermeasures.
The United States of America is considering imposing 17% tariffs on agricultural exports from the European Union. European officials are trying to negotiate exemptions for certain goods, including aircraft parts and alcohol.
The UK and the EU have reached an agreement on Gibraltar, which will avoid burdensome border controls. The agreement supports Gibraltar's economy and protects UK sovereignty.
According to European Commissioner Maroš Šefčovič, the EU seeks to reach an agreement with the US, but on the basis of respect. European politicians have expressed disappointment over possible further tariffs from the US.
The European Union intends to increase purchases of American goods by 50 billion euros to resolve trade differences. However, the EU will not agree to maintaining US tariffs as a fair solution.
China plans to lift sanctions on five members of the European Parliament who have criticised human rights abuses. This could open the way for trade talks between the two sides.
Giorgia Meloni is meeting with Trump in Washington, seeking tariff relief and strengthened defense. The Italian Prime Minister hopes to become a mediator between the US and Europe, but the risks are high.
Negotiations between the EU and the USA did not bring significant progress. Most of the American duties introduced by the Trump administration on European goods worth $431 billion will remain in effect.
Europe discusses resumption of gas imports from Russia amid concerns about dependence on the United States. Germany calls for the return of gas supplies to support industry.
The Trump administration intends to conclude a large number of trade deals in a short period. The introduction of duties on more than 75 countries has been postponed for this period.
The European Union has approved tariffs on goods from the United States in response to American tariffs on steel and aluminum. These measures will intensify the trade war between the EU and the US, affecting exports from both sides.
The European Union plans to introduce countermeasures against US tariffs as early as April 15 for the first package, and tariffs for the remaining goods will come into effect from May 15.
European Commissioner Maroš Šefčovič announced the initiation of negotiations with the US in response to the new tariffs. The EU is ready for dialogue, but will not sit idly by if it does not reach a fair agreement.
France proposes that the EU apply the "anti-coercion instrument" against the US for the first time if Trump uses tariffs to change the bloc's policy. The decision depends on the actions of the USA on April 2.
The European Union has postponed the introduction of tariffs on American goods in response to Trump's tariffs until mid-April 2025. This will allow time for negotiations and possible adjustments to the list of goods.