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Moros Sefkovich, European Trade and Economic Security Commissioner; Interstate relations and transparency, appears with journalists in Singapore on May 7, 2025, after signing the ES-Singapur (DTA) agreement, a landmark initiative to enhance digital economic cooperation between the European Union and Singapore.
Roslan Rahman | AFP | Gets the image
The executive blow of the European Union to update the update tariffs on Thursday to update its proposed counteraction to us, said the European Trade Trade Commissioner on Wednesday.
“Tomorrow we will announce the following preparatory steps, both in the () region of possible measures to overcome and in areas important for further discussions,” Sefkovich said during a press conference in Singapore on Wednesday.
Sefkovich said the EU continued to “prepare for any scenario” when Current Trade Negotiations Failure.
“Negotiations are clearly coming at first, but not at any price,” he told reporters, adding that “approach to a laser”, focused on the block, still has to find a negotiation decision with Washington.
“We cooperate very closely with our countries, the consulting industry, we talk to our key stakeholders to make sure we are ready for what’s next,” Sefkovich said.
Trump initially imposed a 20% “mutual” tariff on all goods coming from the EU, but on April 9 stop Measures for 90 days for negotiations, reducing the duty to 10% so far. 25% remains the tariff for foreign cars, as well as the import of steel and aluminum.
The EU is currently there stop The initial set of measures with retaliation – the response to metals – which is aimed at 21 billion (24.1 billion) US goods, mainly with a 25%tariff rate.
