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The Latest Breaking News from Maros Sefcovic

EU Defends Trump Trade Deal Facing Backlash

The European Union on Monday vehemently defended its trade deal with President Donald Trump, with EU capitals and businesses sharply divided on an outcome some branded a "capitulation".

International Business Times

US-EU trade talks: Will Ursula von der Leyen clinch a deal with Trump?

The US president is to meet the EU chief in Scotland as Brussels strives for a deal before Trump’s Friday deadline.

Al Jazeera

What retaliatory action is the EU planning over Trump’s tariffs?

Europe’s trade commissioner insists ‘we want to use every minute until 1 August to find a negotiated solution’.

Al Jazeera

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EU Threatens US Planes And Whiskey While Pressing For Deal

Brussels plans to target US goods including planes, cars and whiskey if trade talks with Washington fail, according to a list seen by AFP on Tuesday, as the bloc renewed its push for a deal.

International Business Times

US tariff of 30% on EU could ‘stop trade as we know it’ – Irish foreign minister

Simon Harris said such a tariff would be ‘extraordinary’ and urged businesses to prepare for all scenarios.

Evening Standard

Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited

September S&P 500 E-Mini futures (ESU25) are down -0.29%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.30% this morning, pointing to a lower open on Wall Street after U.S. President Donald Trump escalated his trade war.

Barchart

Stock Index Futures Tread Water With All Eyes on Key U.S. Jobs Report

September S&P 500 E-Mini futures (ESU25) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.08% this morning as investors sit on their hands ahead of the all-important U.S. payrolls report that will offer fresh insight into the labor market and the path of interest rates.

Barchart

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EU races to strike trade deal with Washington as Macron slams tariff 'blackmail'

With the 9 July deadline fast approaching, the European Union is racing to secure a trade agreement with Washington in a bid to avert steep tariffs on its exports. In an effort to advance the negotiations, EU Trade Chief Maroš Šefčovič has travelled to Washington for final talks with President…

Radio France Internationale

Northern Ireland Secretary set to meet EU trade commissioner Maros Sefcovic

It comes a couple of weeks after the UK struck a proposed deal with the EU to reduce the number of post-Brexit checks.

Evening Standard

Leaders of Canada and Mexico lash out at Trump steel tariff hike

Canada’s Mark Carney calls the 50-percent tariff increase ‘illegal’, while Mexico’s Sheinbaum weighs countermeasures.

Al Jazeera

Why are the US and EU struggling to reach a trade deal?

Trump’s U-turn sees European leaders call for ‘lowest possible’ tariffs after levies postponed from June 1 to July 9.

Al Jazeera

EU 'Fully Committed' To Reaching US Trade Deal: Commissioner

The European Union remains "fully committed" to reaching a trade agreement with the United States, the bloc's trade commissioner Maros Sefcovic said Monday following calls with top US officials.

International Business Times

EU engaging ‘sensibly’ with US administration following tariff threat – Martin

Taoiseach Micheal Martin said he believes the US is anxious to reach a deal on trade with the EU.

Evening Standard

EU vows to defend interests after Trump threatens 50 percent tariffs

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

Al Jazeera

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Evening Standard

EU trade chief calls for ‘mutual respect’ after Trump tariff threats

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

International Business Times

EU Plans Two-euro Flat Fee On Small Parcels From Outside Bloc

The EU said Tuesday that it was preparing to impose a two-euro ($2.25) flat fee on the billions of low-value packages that flood into the bloc each year, the great majority from China.

Al Jazeera

US-UK trade deal: How are Trump’s global tariff talks shaping up?

UK and US leaders to hold separate media events outlining Donald Trump’s first trade deal since global tariffs move.

International Business Times

EU Trade Chief Says Accelerating Free Trade Talks With Asia

The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the bloc's trade chief said Wednesday.

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The Fashion Central

UK and EU Defy Trump with Bold New Pact—Major Move to Boost Trade and Security Sparks Global Buzz

The Prime Minister is preparing to sign a joint declaration with the European Union backing “free and open trade” — a move seen by many as a major reset in UK-EU relations.

Evening Standard

EU trade chief meets ministers in London amid leaks of mooted pact

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.

Evening Standard

Reynolds holds talks with EU trade chief amid mooted pact with Brussels

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

InsideEVs

The Tariff War Is Making EVs Cheaper. Just Not For You

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.

International Business Times

How The EU Is Responding To Trump's Trade Assault

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.

Al Jazeera

EU offers zero tariff deal to US but prepares for trade war

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

International Business Times

EU Split On Targeting US Tech Over Trump Tariffs

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

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