The Latest Breaking News from Maros Sefcovic

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.

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

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.

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.

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.