How the EU is pitching to reach a tariff deal
US President Donald Trump speaks with the media as he left the White House on July 15, 2025 at Washington DC.
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The US has doubled the plan to bring 30% tariff to the European Union next month and tried to increase the pressure on the block to reach an agreement.
US President Donald Trump’s deadline until the deadline of August 1, the EU continues to negotiate with a series of possible counter -measures if an agreement is not made, while the US trade officials continue to negotiate.
According to the White House Press Secretary Karoline Leavitt, the United States said it continued to be “very willing” in negotiating a trade agreement.
Speaking at a press conference on Thursday, Leavitt said that the EU has “ways to reduce tariffs and out -of -tariff barriers that we have said to have harm our workers and companies for a long time”.
Leavitt, trade war tactics, the US President won the name of the TACO, said he would not accept the postponement of August 1.
TACO means “Trump always chickens” to delay or reduce the President by referring to the President’s tendency to announce high import tariffs.
A four -part strategy
Michal Baranowski, Undersecretary of the Ministry of Economic Development and Technology of Polish, said that the first part of the EU’s strategy was to negotiate with US officials in good faith.
“Second, if we do not do, let’s prepare for counter measures [reach a deal]. And we have both steel and aluminum tariffs and 72 billion first packages. [euros] For the so -called mutual tariffs, “Baranowski CNBC’s”Early version of Europe “on Friday.
“The third point is that we compare the notes with other countries affected by the US tariffs, not to coordinate, to understand where everyone is, because other countries that negotiate with the US are a little in the same wagon.”
“Fourth, we really strengthen European competitiveness.”
Baranowski from Poland added that the EU represents the “most vital economic relationship” for the US, and Washington was “too much to win or lose from this relationship as Europe”.
His comments come shortly after the EU’s best trading negotiator Maros Sefcovic went to Washington for further trade talks.
Maros Sefcovic, Deputy General Manager of the European Commission and Trade Commissioner Maros Sefcovic and Danish Foreign Minister Lars Lokke Rasmussen (not seen) held a joint press conference during the EU Trade Ministers meeting in Brussels, Belgium on 14 July 2025.
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The expectation of fresh US tariffs represents a major blow to the EU. The 27 -national block was trying to make a preliminary agreement to prevent a Trump letter dictating a new, opposing tariff in its exports to the USA.
The US and the EU have the world’s largest binary trade and investment relationship, representing almost 30% of global goods and services trade and constitutes 43% of the global gross domestic product (GDP). According to EU figures.
Only last year, the value of the EU-US trade was about 4.6 billion euros per day, equivalent to trade equivalent to 1.68 trillion euros ($ 1.96 trillion).
Trump has repeatedly hit over again for what the EU thought it was an unfair trade relationship, and often referred to the EU’s trade surplus with the US.
Tat-Four Auto Tariff Discounts?
As part of the difficulty of achieving a US-US framework trade agreement, the European block is said to be planning to offer Tat-Tit Tariff Discounts in Automobiles.
Movement, as reported Financial times On Thursday, if the Trump administration dropped its tariffs in the industry below 20%, the EU would see that the EU has quit 10% for US automobile exports.
The EU’s executive branch refused to comment on the report when it was contacted by CNBC on Friday.
At the beginning of the year, the US President applied 25% tariffs to foreign vehicles and parts and was particularly forced to companies throughout Europe.
For example, Sweden’s Volvo cars reported a sharp decrease in the second quarter of the second quarter activity profit and said that the result reflects a challenging environment for the industry. The car manufacturer, who was seen as one of the European car manufacturers who were exposed to the US tariffs, was the first regional automobile manufacturer to resulted in the results that were expected to be a bruising earning season.
