EU trade chief criticizes U.S. refusal to engage on tariffs

We identified a few areas of mutual benefit to pursue, but in the end, one hand cannot clap, says Maros Sefcovic

European Trade Commissioner Maros Sefcovic on Monday expressed frustration over the U.S. administration’s lack of engagement in talks to avoid a trade conflict with the European Union.

With the U.S. set to impose tariffs on all steel and aluminium imports in two days, Sefcovic stated, “The U.S. administration does not seem to be engaging to make a deal.”

Sefcovic, who visited Washington last month in an attempt to start a dialogue, emphasized the mutual benefits both sides could pursue. He noted, “We identified a few areas of mutual benefit to pursue, but in the end, one hand cannot clap.”

He reiterated that the EU was ready for constructive engagement, highlighting that tariffs would be detrimental to both parties, saying, “No one wins from tariffs.”

Sefcovic pointed out the significance of the trade relationship, which is worth 1.6 trillion euros ($1.7 trillion), and urged both sides to act with caution. “Partners with 1.6 trillion euros of mutual trade should be extremely careful,” he remarked.

Despite the lack of progress, he added, “Our doors are open. But if this does not bring a positive result, we will always protect European businesses, workers, and consumers from unjustified tariffs.”

He further emphasized that the EU had been clear in its stance, saying, “I know they expect no less from us.”

Monitoring Desk
Monitoring Desk
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