EU’s Trade Chief to Meet With US Officials as EU Braces for Tariff Showdown

5Mind. The Meme Platform

The talks come amid rising tensions over plans to impose steep tariffs on European Union goods if no deal is reached by August.

The European Union’s trade leader is headed to Washington for face-to-face negotiations with the Trump administration, a spokesman for the economic bloc said.

On July 16, EU Trade Commissioner Maros Sefcovic is scheduled to meet separately with U.S. Secretary of Commerce Howard Lutnick and U.S. Trade Representative Jamieson Greer, European Commission trade spokesperson Olof Gill told reporters on Wednesday.

The negotiations come as the United States and the EU are facing an Aug. 1 deadline to craft a new bilateral trade deal.

On July 9, Sefcovic and other leaders of the EU expressed their hope that a deal could be reached within days. However, on July 12, President Donald Trump added a new component to the conversation when he announced on his Truth Social account that the United States will impose a 30 percent tariff on imports from the European Union starting on Aug. 1 if a trade agreement is not reached.

EU member states, including Germany, Ireland, and Italy, are among those with the largest trade surpluses with the United States.

Ahead of Sefcovic’s visit, the European Commission prepared a list of potential retaliatory tariffs targeting about $84 billion worth of American goods.

The list includes a wide range of products such as Boeing aircraft, bourbon whiskey, cars, chemicals, medical devices, electrical equipment, and agricultural products such as fruits, vegetables, wine, beer, and spirits.

The EU is not alone in facing tariff pressure from Washington. Since April, the Trump administration has launched a sweeping effort to reset trade terms with the United States’ largest trading partners, citing longstanding deficits and what it calls unfair barriers to American goods.

So far, the United States has announced new trade agreements with four countries: the United Kingdom, China, Vietnam, and Indonesia. In each case, the agreements include tariff concessions for U.S. exports and duties on imports from those nations, aimed at closing trade gaps. Those deals have yet to be formally finalized.

By Austin Alonzo

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.
00:02:22

Young Washington: Movie Review

Sitting in the theater watching Young Washington, I found myself wondering why this story hadn’t been made into a film sooner.
00:02:08

A Movie That’ll Keep You Awake: A Great Awakening

So how does someone (me) who thinks they’ve just seen the greatest movie ever (A Great Awakening), persuade you to watch it?

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:01:39

Citizen Vigilante Delivers the Warning Western Governments Desperately Need to Hear

Citizen Vigilante shows what happens when the state stops defending the native population and shields favored migrant groups while criminalizing native dissent.
00:04:57

Fauci Diary Shows Doubts on Effectiveness of COVID-19 Vaccines

Dr. Anthony Fauci and other top government officials worked to prevent messaging about COVID-19 vaccines that they felt was too negative,
00:00:58

Senate Obtains Phone Fauci Used While in Government

A Senate panel investigating Dr. Anthony Fauci has obtained a copy of the phone he used during the COVID-19 pandemic.

US Immigration Agency Asks Public to Report Fraud, Anti-Government Activities

USCIS that processes green cards, U.S. citizenship requests, and work permits called on people to report cases of immigration fraud through a new portal.
00:04:20

Rand Paul Releases Fauci Contempt Resolution Ahead of Senate Vote

A resolution the Senate is scheduled to vote on states that Dr. Anthony Fauci’s invocation of the Fifth Amendment right against self-incrimination did not apply.

Trump Signs Orders to Curb Birthright Citizenship, Target Birth Tourism

President Trump signed two EOs that will restrict automatic citizenship to ​children born in the US because of commercial birth tourism and several other factors.
00:01:20

Blanche Nomination Advances to Senate Floor Vote

The Senate Judiciary Committee on Aug. 3 advanced the nomination of Todd Blanche as U.S. attorney general after he struck a deal with two GOP holdouts.
00:02:00

Clayton to Become Top US Intelligence Official on Monday

Jay Clayton will take over as director of national intelligence (DNI) on Monday, according to a social media post by acting director Bill Pulte.
00:57:09

Trump Imposes 4-Year Tariff-Rate Quota on Quartz Surface Imports

President Donald Trump on Friday signed a proclamation establishing a four-year tariff-rate quota on imports of quartz surface products.
spot_img

Related Articles

Popular Categories

MAGA Business Central