{"id":55396,"date":"2025-05-24T14:08:33","date_gmt":"2025-05-24T14:08:33","guid":{"rendered":"https:\/\/kede.com.br\/news\/eu-calls-for-us-trade-deal-based-on-respect-after-trumps-tariff-threats\/"},"modified":"2025-05-24T14:08:35","modified_gmt":"2025-05-24T14:08:35","slug":"eu-calls-for-us-trade-deal-based-on-respect-after-trumps-tariff-threats","status":"publish","type":"post","link":"https:\/\/kede.com.br\/news\/eu-calls-for-us-trade-deal-based-on-respect-after-trumps-tariff-threats\/","title":{"rendered":"EU calls for US trade deal based on &#8216;respect&#8217; after Trump&#8217;s tariff threats"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">The European Union&#8217;s trade chief said the 27-member bloc is committed to securing a trade deal with the US based on &#8220;respect&#8221; not &#8220;threats&#8221;.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">It comes after US President Donald Trump threatened to slap a 50% tariff on all goods sent to the US from the EU.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">&#8220;The EU&#8217;s fully engaged, committed to securing a deal that works for both,&#8221; EU Trade Commissioner Maros Sefcovic said after a call with US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">&#8220;EU-US trade is unmatched &amp; must be guided by mutual respect, not threats. We stand ready to defend our interests.&#8221;<\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">Earlier on Friday, Trump expressed impatience with the pace of ongoing EU-US trade negotiations, saying his plan to raise tariffs on 1 June was set.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Writing on social media, Trump said: &#8220;Our discussions with [the EU] are going nowhere,&#8221; adding that there would be no tariffs for products built or manufactured in the US.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">&#8220;I&#8217;m not looking for a deal &#8211; we&#8217;ve set the deal,&#8221; he told reporters later, before immediately adding that a big investment in the US by a European company might make him open to a delay.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">The EU is one of the Washington&#8217;s largest trading partners, sending more than $600bn (\u20ac528bn; \u00a3443bn) in goods last year and buying $370bn worth, US government figures show.<\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">Reacting to Trump&#8217;s threats, European governments warned that higher tariffs would be damaging to both sides.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">&#8220;We do not need to go down this road,&#8221; said Ireland&#8217;s Taoiseach (Prime Minister) Miche\u00e1l Martin. &#8220;Negotiations are the best and only sustainable way forward.&#8221;<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">France&#8217;s Trade Minister Laurent Saint-Martin, said: &#8220;We are maintaining the same line: de-escalation, but we are ready to respond.&#8221;<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">German Economy Minister Katherina Reiche said the bloc &#8220;must do everything&#8221; to reach a solution with the US.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">While Dutch Prime Minister Dick Schoof told reporters that he backed the EU&#8217;s strategy in trade talks and &#8220;we have seen before that tariffs can go up and down in talks with the US&#8221;.<\/p>\n<\/div>\n<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">The EU is negotiating with the US as a bloc, though Stephen Moore, a former economic advisor to Trump<b id=\"\" class=\"sc-d16436d-0 jpoiOL\"> <\/b>who works for conservative<a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c977njnvq2do\" class=\"sc-f9178328-0 bGFWdi\" rel=\"noopener\"> think tank the Heritage Foundation<\/a>, told the BBC: &#8220;What may happen in Europe&#8230; is that we may try to negotiate individually with countries in Europe.&#8221; <\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">He added that in his opinion Trump&#8217;s &#8220;ultimate aim is really to decouple not just the US but the whole world from Chinese influence which would be a very good thing if he could pull that off&#8221;. <\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">In early April, Trump announced tariffs against a long list of countries, including a 20% tax on most EU goods being sold into the US.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Soon afterwards, the president paused the higher tariffs for three months, until 8 July, to allow for more negotiations, but kept a 10% baseline tax in place against the US&#8217;s trade partners.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Higher US tariffs also remained in place against China though they were substantially lowered. <\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Despite the climbdown from Trump, the US kept a 25% tariff against EU steel and aluminium imports in place.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">The EU has threatened \u2013 and paused \u2013 its own measures against the US. It said it would introduce a 25% tariff on \u20ac18bn ($20bn; \u00a315bn) worth of US goods coming into Europe but this has been put on hold.  <\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">It is also currently consulting on additional measures against US imports into the US valued at \u20ac95bn.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Trump&#8217;s complaints about Europe have focused on what he claims is an uneven trade relationship &#8211; the EU sells more goods to the US than it buys from America.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Trump blames a trade deficit on policies that he claims are unfair to American companies, and he has specifically raised concerns about policies related to cars and agricultural products.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Trump also warned Apple that he would impose a 25% import tax &#8220;at least&#8221; on iPhones not manufactured in America, later widening the threat to any smartphone.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Shares in the US and EU fell on Friday after the latest threats, with America&#8217;s S&amp;P 500 down about 0.7% and Germany&#8217;s Dax and France&#8217;s Cac 40 ending the day down more than 1.5%.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/cq857yqwvldo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Union&#8217;s trade chief said the 27-member bloc is committed to securing a trade deal with the US based on &#8220;respect&#8221; not &#8220;threats&#8221;. It comes after US President Donald Trump threatened to slap a 50% tariff on all goods sent to the US from the EU. &#8220;The EU&#8217;s fully engaged, committed to securing a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":55397,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[61],"tags":[16634,362,449,14407,3275,5851,219,4781],"_links":{"self":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/55396"}],"collection":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/comments?post=55396"}],"version-history":[{"count":1,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/55396\/revisions"}],"predecessor-version":[{"id":55398,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/55396\/revisions\/55398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media\/55397"}],"wp:attachment":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media?parent=55396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/categories?post=55396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/tags?post=55396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}