The EU has reaffirmed its commitment to a fair trade deal with the US, following President Donald Trump’s threat to impose a 50 percent tariff on all EU imports starting June 1.
EU Trade Commissioner Maros Sefcovic said the bloc seeks a deal based on “mutual respect, not threats,” after talks with US officials. Trump criticized stalled negotiations and warned tariffs would not apply to US-made goods, hinting a major EU investment could delay action.
European leaders urged de-escalation and warned of mutual economic harm. Germany, France, Ireland, and the Netherlands endorsed ongoing discussions and a clear EU stance.
Trump, citing trade imbalances, has threatened a 25 percent tax on iPhones not manufactured in the United States. Markets fell in response, with US and EU indexes closing lower.
