The EU aims to strike a deal with the US amidst threats of 30-percent tariffs from President Trump. EU trade chief Maros Sefcovic expressed confidence in Washington's willingness to negotiate. Calls for the EU to adopt a stronger negotiating stance are growing, especially from France. Sefcovic noted the need for preparedness for all outcomes, including countermeasures. The EU delayed retaliatory measures as a goodwill gesture but has plans to counteract US tariffs on a significant scale if necessary, with potential measures worth 72 billion euros under consideration.
Maros Sefcovic expressed that despite President Trump's threats, he felt Washington was ready to continue negotiations, emphasizing the priority of reaching a deal.
The EU is preparing for all outcomes, including well-considered, proportionate countermeasures against US tariffs, as the uncertainty caused by tariffs cannot persist.
France's trade minister emphasized that retaliation plans should be drawn up without taboos, indicating a need to rethink the bloc’s negotiation tactics.
Diplomats indicated that an additional package of retaliation measures for US tariffs could be worth 72 billion euros if negotiations fail.
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