The Latest Breaking News from Maros Sefcovic

EU official says trade deal ‘must be guided by mutual respect, not threats’ after US president threatens a huge tariff.

The US president threatened to slap 50% tariffs on all EU goods sent to the United States.

The meeting comes ahead of a UK-EU summit in May that will be seen as a critical moment in the Government’s drive to to reset relations with Brussels.

Business Secretary Jonathan Reynolds met with the EU’s commissioner for trade Maros Sefcovic in London.

This year, global trade is undergoing major restructuring amid President Trump’s tariffs on America’s trading partners. The historically strong transatlantic partnership between the U.S. and Europe is now faltering amid the trade war. China might be looking for ways to pull Europe closer, especially with regard to electric vehicles.

Hit by three waves of painful US tariffs since President Donald Trump returned to office, the European Union's response has been a high-wire act, balancing calibrated retaliation with a push for negotiations to avert an all-out trade war.

Brussels pushes for trade talks with Washington while preparing countermeasures on tariffs.

Should the European Union target US Big Tech and services in response to President Donald Trump's tariff onslaught?

Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more than 180 countries and territories, ranging in severity from 10% to more than 50%.