Close Menu
    What's Hot

    U.S. Polo Assn. Celebrates New Partnership with the Historic Greenwich Polo Club at the 2026 East Coast Open Presented by Audi

    September 17, 2026

    DR Congo Ebola outbreak shows progress amid uneven trends

    September 17, 2026

    Nepal floods leave 6,150 missing after nationwide review

    September 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • U.S. Polo Assn. Celebrates New Partnership with the Historic Greenwich Polo Club at the 2026 East Coast Open Presented by Audi
    • DR Congo Ebola outbreak shows progress amid uneven trends
    • Nepal floods leave 6,150 missing after nationwide review
    • Gold prices decline on Federal Reserve rate decision as spot drops
    • Apple sets October debut for iPhone Duo foldable phone
    • Yankee Stadium tower tests positive in NYC Legionella probe
    • Hainan floods force evacuation of more than 55,000
    • U.S. Polo Assn. Taps David Swetman as Global Design Lead, Men’s and Boys’ as Brand Targets $4 Billion in Global Retail Sales
    • Home
    • Contact Us
    Basra PressBasra Press
    Saturday, September 19
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • More
      • Sports
      • Technology
      • Travel
    Basra PressBasra Press
    Home » Trump’s 50 percent EU tariff plan met with EU resistance

    Trump’s 50 percent EU tariff plan met with EU resistance

    May 26, 2025 News

    European Union Trade Commissioner Maros Sefcovic has called for trade relations between the European Union and the  United States to be governed by mutual respect rather than threats. His remarks followed a statement from U.S. President Donald Trump in which he proposed a 50 percent tariff on EU imports, to take effect from 1 June.

    The proposed tariff marks a sharp escalation in trade tensions between the two transatlantic partners. In a social media post published on Friday, Sefcovic emphasized the European Commission’s continued commitment to constructive dialogue. He reiterated the EU’s willingness to negotiate a balanced trade agreement that benefits both sides, stating, “The EU Commission remains ready to work in good faith.”

    The European Commission has not yet issued an official response detailing potential countermeasures, but Sefcovic’s comments suggest the bloc is prepared to act in defense of its economic interests. “EU-US trade is unmatched and must be guided by mutual respect, not threats. We stand ready to defend our interests,” he wrote.

    The tariff threat from President Trump appears to stem from long-standing grievances over trade imbalances and regulatory standards. During his previous term, the Trump administration imposed tariffs on EU steel and aluminum, triggering retaliatory measures from Brussels. The resumption of similar trade tactics may signal a return to more confrontational economic policies under his current administration.

    No formal negotiations have been announced since Trump’s statement. However, EU officials have indicated that they remain open to discussions aimed at de-escalating tensions and avoiding a wider trade conflict. The scale of the proposed tariffs has raised concerns among European exporters, particularly in the automotive and luxury goods sectors, which are heavily reliant on the U.S. market.

    The U.S. and EU are two of the world’s largest trading partners, with annual bilateral trade in goods and services exceeding €1 trillion. Disruptions to this flow could have significant repercussions for global markets and supply chains. Analysts are closely watching the situation for any signs of retaliatory tariffs or legal action at the World Trade Organization.

    While the White House has not issued further details about the proposed measure, the European Commission is expected to consult with member states in the coming days to assess its potential economic impact and determine an appropriate response. The next steps will likely depend on whether the U.S. administration follows through with the tariff imposition on 1 June. – By MENA Newswire News Desk.

    Keep Reading

    Nepal floods leave 6,150 missing after nationwide review

    Hainan floods force evacuation of more than 55,000

    Pakistan inflation, Lahore price gaps expose wider strain

    Nepal estimates $4.78 billion for flood reconstruction

    UAE-Germany ties in focus during presidential visit

    UN Assembly votes to correct distorted world map projections

    Breaking News

    DR Congo Ebola outbreak shows progress amid uneven trends

    September 17, 2026

    Nepal floods leave 6,150 missing after nationwide review

    September 17, 2026

    Gold prices decline on Federal Reserve rate decision as spot drops

    September 17, 2026

    Apple sets October debut for iPhone Duo foldable phone

    September 16, 2026

    Yankee Stadium tower tests positive in NYC Legionella probe

    September 16, 2026

    Hainan floods force evacuation of more than 55,000

    September 16, 2026

    Pakistan inflation, Lahore price gaps expose wider strain

    September 15, 2026

    Emirates enters winter season with strong booking momentum

    September 15, 2026
    © 2026 Basra Press | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.