In a bid to calm transatlantic tensions, the European Commission has reiterated its full commitment to securing a comprehensive trade deal with the United States. Senior EU Trade and Economic Security Commissioner Maros Sefcovic took to social media platform X on Monday, underlining Brussels's 'constructive and focused efforts at pace' to push negotiations forward.
Sefcovic's comments come after calls with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer, part of a wider flurry of diplomacy aimed at averting a steep tariff escalation. Last Friday, U.S. President Donald Trump threatened to impose a 50% duty on all imports from the EU starting June 1, only to agree — following a phone call with European Commission President Ursula von der Leyen — to delay the increase until July 9.
Economists and market analysts have sounded the alarm over such unpredictable policy swings, warning that sudden tariff hikes risk undermining confidence in the U.S. as a reliable trading partner. A 50% levy on EU goods could send shockwaves across global supply chains.
With the new deadline approaching, Brussels is stepping up its dialogue with Washington to bridge gaps and keep talks moving. Both sides aim to secure a framework that eases uncertainties and restores market confidence.
For young entrepreneurs, tech innovators and global citizens alike, the outcome of these talks will be a key test of cross-Atlantic cooperation in an era of economic uncertainty. As Sefcovic notes, maintaining open lines of communication—and keeping pace in negotiations—will be vital to charting a stable path forward.
All eyes now turn to the next round of discussions: can Brussels and Washington find common ground before the tariff clock ticks down?
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EU pledges to strike trade deal with U.S. amid tariff twists
cgtn.com