The EU calls for the trade agreement of US trade agreements based on “respect” according to Trump's collective bargaining threats

The European Union's head of trading said that the 27-member block was obliged to maintain a trade agreement with the USA that is based on “respect” not “threats”.

After US President Donald Trump has threatened to hit a 50% tariff on all goods that have been sent to the United States by the EU.

“The fully committed EU, which has undertaken to ensure a deal that works for both,” said the EU trade commissioner Maros Sefcovic after a call with the US trade representative Jamieson Greer and trade, Howard Lutnick.

“EU-US trade is unsurpassed and must be guided by mutual respect and not by threats. We are ready to defend our interests.”

On Fridays on Friday, Trump impatiently expressed with the pace of continuing trade negotiations in EU-USA and said his plan to increase the tariff on June 1.

Publish Trump on his social platform on his truth platform: “Our discussions with you (the EU) are not going anywhere,” added that no tariffs for products would be built or manufactured in the United States.

“I'm not looking for a deal – we have completed the deal,” he later told reporters before he immediately added that a large investment in the United States could make him open to a delay.

The EU is one of the largest trading partners in Washington and sends more than $ 600 billion last year (€ 528 billion;

The European governments react to Trump's threats and warned that higher tariffs would damage both sides.

“We don't have to go down this street. The negotiations are the best and only sustainable path forwards,” said Ireland's Taoiseach (Prime Minister) Micheál Martin.

“We keep the same line: de-escalation, but we are ready to answer,” said French Foreign Minister Laurent Saint-Martin.

The German Minister of Economic Affairs Katherina Reiche said that “we have to do everything we can to ensure that the European Commission achieves a negotiated solution with the United States”.

Dutch Prime Minister Dick Schoof said reporters that he supported the EU strategy in trade talks and “we saw that the tariffs can go up and down in discussions with the USA”.

Last month, Trump announced a 20% tariff for most EU goods, but had halved it to 10% by July 8th to secure time for further negotiations.

Trump's complaints about Europe have focused on its unequal trade relationship because the EU sold more to the United States than it buys from America.

He accuses this trade deficit of guidelines that he is unfair to American companies, and he has triggered concerns about guidelines in connection with cars and agricultural products.

Trump also warned Apple that he would impose a 25% import tax “at least” iPhones that were not produced in America, which later extends the threat to every smartphone.

The stocks of the United States and the EU fell on Friday after the last threats, with the S&P 500 lowering 0.7% and Dax and France CAC 40 decreased by more than 1.5%.