EU Ready for Tariff Talks, Offers Industrial Goods Deal

Listen to this article Berlin:  The European Union has announced it is open to tariff discussions with the US. EU...
EU Ready for Tariff Talks, Offers Industrial Goods Deal Pulse news network

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Berlin:  The European Union has announced it is open to tariff discussions with the US. EU Commission President Ursula von der Leyen said Monday the bloc has already offered to eliminate tariffs on industrial goods as part of a balanced deal.

Von der Leyen said the newly imposed US tariffs will hurt American consumers and companies while shaking the global economy. The EU has been hit with a 20% tariff on exports and a 25% levy on its steel and automobile industries. She called this moment a turning point in US economic leadership.

Despite the pressure, she said Europe is still ready to find common ground through negotiation. The EU previously offered a zero-for-zero tariff proposal to the US, especially in the automotive sector, and wants to finalize such a deal.

Offer Stands

The EU chief emphasized the offer was made long before President Trump’s latest tariff actions. She confirmed the zero-tariff idea had been raised multiple times, particularly regarding cars. Von der Leyen explained that the EU has had similar agreements with other countries with large auto industries.

She urged that fair trade would benefit both regions. Europe, she noted, always welcomes a good deal, one that benefits both consumers and producers. But she didn’t hide the EU’s frustration with what she called damaging protectionism.

Despite the strong preference for a peaceful resolution, the European Union is ready to fight back. Von der Leyen said officials are now working on a list of US imports that could be targeted for retaliation if talks fail.

Firm but Fair

Though she stressed cooperation, von der Leyen said the EU must protect its industries. Retaliatory measures are not the goal but will be used if necessary. A balanced relationship is the long-term goal, she added.

The EU will try to avoid a deeper trade conflict, especially as global markets remain shaky. President Trump’s tariffs, imposed last week, sparked financial turbulence around the world. Major industries now brace for higher costs and disruptions in supply chains.

Von der Leyen pointed out that imposing blanket tariffs puts long-term growth at risk. She warned such actions could weaken global alliances and economic partnerships that took decades to build.

Global Impact

Trump’s tariff push has already sparked concern in other global economies. Many nations have urged Washington to rethink its approach. With new levies hitting dozens of US trading partners, calls for fair negotiation are growing.

The EU’s proposal mirrors its past success in eliminating tariffs with other allies. Officials say a “zero-for-zero” model helps prevent price hikes and improves global competitiveness.

Von der Leyen said Trump’s moves may alienate American allies and reduce their willingness to cooperate in future agreements. She stressed that international cooperation must remain a key element of global trade.

Seeking Stability

She reiterated that the European Union prefers diplomacy over confrontation. Talks will continue in the coming weeks as officials from both sides explore possible agreements.

The EU wants to avoid a prolonged economic conflict but will stand its ground. Trump’s administration has yet to respond publicly to the EU’s specific offer.

Many business leaders in Europe and the US now hope for a compromise. Market volatility caused by rising trade tensions has added pressure on leaders to act swiftly.

Von der Leyen concluded that Europe remains focused on promoting free, fair trade that respects both partners’ interests.

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