2025-03-25 10:30:12
Europe
Business
Asia

EU's Strategic Moves to Prevent a Trade War

Amid escalating tensions, EU Trade Commissioner Maroš Šefčovič is on a crucial mission to avert a trade war. Šefčovič is engaging in high-stakes discussions with US officials in Washington, aiming to negotiate a solution to the tariffs imposed by the Trump administration on steel and aluminum.

These tariffs have placed significant pressure on the European metal industry. The EU plans to implement counter-tariffs, but Šefčovič is seeking to resolve these differences through dialogue.

Following his US visit, Šefčovič will travel to China to discuss market access and investment issues with Chinese officials. The EU's strategy focuses on reducing reliance on China while maintaining vital economic ties.

This diplomatic initiative reflects the EU's broader goal of balancing strategic dependencies amid global trade tensions.

AFP
24. März 2025 um 12:04

Customs Dispute with Trump Administration: EU Trade Commissioner Sefcovic Travels to the USA

EU Trade Commissioner Maros Sefcovic is traveling to Washington to discuss the customs dispute with US Trade Secretary Howard Lutnick and Trump's Trade Representative Jamieson Greer. The EU responded to the 25 percent tariffs introduced by Trump on steel and aluminum products by announcing retaliatory tariffs, which have now been postponed by two weeks. The visit is intended to be a continuation of the cooperation between the EU and the US.
EURACTIV.de
25. März 2025 um 07:38

Visit to the USA and China: EU Trade Commissioner Attempts to Avert Trade War

A global trade war is looming, and the EU is trying to prevent it. EU Trade Commissioner Maroš Šefčovič will hold talks in the USA before traveling to China. The European Union faces the challenge of circumventing US tariffs on steel and aluminum that burden the European metal industry. Šefčovič will seek to find a negotiated solution for the tariffs in the USA and ensure that EU goods are not subjected to additional charges. In China, he will discuss access for European companies to the Chinese..
EURACTIV.com
25. März 2025 um 05:00

EU trade chief travels to US, China in last-ditch effort to avert trade war

Šefčovič negotiates with US and China against Trump's reciprocal tariffs and 25% duties. Meetings with US officials Howard Lutnick and Jamieson Grier aim to prevent further EU tariffs. Discussions with Wang Wentao cover market access, investment, and Beijing’s manufacturers. Ursula von der Leyen's 'de-risk but not decouple' approach, contrasting Trump's tariffs, is analyzed by Alicia García Herrero. EU leaders like Friedrich Merz are absent. Šefčovič's talks precede Trump's April 2 tariffs, im..
EURACTIV.de
25. März 2025 um 08:56

Trade Commissioner Šefčovič Between West and East

Maroš Šefčovič, the longest-serving EU Commissioner, must mediate as Trade Commissioner between the USA and China to avert a global trade war. Bulgaria is losing 600 million euros in EU subsidies for projects under the stimulus program due to delays. The most expensive project is a 172 million euro geothermal and heat power project that has not been advanced for three years. The construction of new water supply networks in small towns has also been abandoned.
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