Published Date: 03.04.2025 14:35 / Politics

EU to Discuss Trump’s 20% Tariff on Exports

EU to Discuss Trump’s 20% Tariff on Exports

European Commissioner for Trade and Economic Security Maros Sefcovic announced on Thursday that he will hold talks with his U.S. counterparts following the decision by President Donald Trump to impose a 20% tariff on exports from the European Union. The sudden move by the Trump administration has prompted concerns across European capitals, with EU officials signaling a firm yet measured response.

"We will respond to the measure in a calm, carefully phased, unified way," Sefcovic stated, emphasizing the importance of a collective and strategic approach among EU member states. Despite the escalation, the Commissioner stressed the EU's commitment to finding a negotiated solution through dialogue and diplomacy.

Sefcovic is expected to engage in discussions aimed at de-escalating the situation while presenting the EU's position on the economic consequences of such tariffs. The move comes at a critical time for transatlantic relations, with both sides navigating complex trade dynamics.

However, the Commissioner also issued a stern warning to the United States. "We won’t stand idly by, should we be unable to reach a fair deal," he said, making clear that Europe will not hesitate to take countermeasures if necessary. He further added that "unjustified tariffs inevitably backfire," indicating the EU’s belief that the tariffs are not only harmful but also economically counterproductive.

The Trump administration’s decision to apply the 20% tariff has been met with criticism from various EU sectors, especially those heavily reliant on exports to the United States. EU leaders are expected to discuss a range of potential responses, including targeted tariffs and broader economic counteractions, depending on the outcome of Sefcovic’s discussions.

As tensions rise, both sides appear to be weighing their options carefully. While the EU is preparing for all possible outcomes, the emphasis remains on resolving the dispute through fair and balanced negotiations that protect the interests of European industries and maintain transatlantic cooperation.