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ENERGY: EU Wants Early US Talks to Avert Trump Tariffs

ENERGY
USCommoditiesEnergy BulletsCEEMEABulletPower BulletsNorth America

EU wants early US talks to avert Trump tariffs, Reuters reports.

  • EU trade chief Maros Sefcovic 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.
  • EC President Von der Leyen said the EU was ready for tough negotiations to work out grievances.
  • "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.
  • Trump has said the European Union is “next in line” for tariffs, with reports that a 10% tariff is being considered.
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EU wants early US talks to avert Trump tariffs, Reuters reports.

  • EU trade chief Maros Sefcovic 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.
  • EC President Von der Leyen said the EU was ready for tough negotiations to work out grievances.
  • "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.
  • Trump has said the European Union is “next in line” for tariffs, with reports that a 10% tariff is being considered.