EU swears to defend interests after Trump endangers 50 percent tariffs Commercial war news

The EU official says that a trade agreement “has to be guided by mutual respect, not from threats” after the US president go to the conversations with the block “nowhere”.

The European Union has declared that it would defend its interests after the US President of the American President, Donald Trump, threatened to 50 percent from the 27-member block with a tariff of 50 percent.

The EU's top trade officer, Maros Sefcovic, said in a post on X that on Friday he spoke to the US sales representative Jamieson Greer and the Minister of Commerce Howard Lutnick on this topic.

“The EU is fully committed and undertakes to secure a deal that works for both,” he said, adding that the EU Commission is still willing to work in good faith in an agreement.

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

Trump has “recommended” a great achievement of 50 percent on the EU on his social platform from June 1st, since the conversations with them “do not go anywhere”.

Later in the Oval Office, the Republican President emphasized that he did not seek a contract with the EU, but could delay the tariffs if more European companies make larger investments in the United States.

“I'm not looking for a deal,” Trump told the reporter. “We set the deal. It is 50 percent.”

The European leaders warned that the tariffs will violate both sides.

The German Minister of Economic Affairs Katherina Reiche said that everything had to be done to “ensure that the European Commission achieves a negotiated solution with the United States”, while French Foreign Minister Laurent Saint-Martin said that the block prefers to be de-escalation but “ready to react”.

During the implementation, the tariffs would mean that the EU, worth hundreds of billions of exported goods compared to China, had higher import taxes, with its tariffs being reduced at the beginning of this month to enable more negotiations between Washington, DC and Beijing.

At the beginning of April, Trump announced a 20 percent tariff for most EU goods, but brought it to 10 percent by July 8 to secure time for further negotiations.

Trump has complained that existing framework conditions for US companies are “unfair”, since the European block sells more goods to its allies than it buys from it.

On Friday, Trump also warned that the US Tech -Riese Apple could also be increased with an import tax of 25 percent to all non -produced iPhones, which is not manufactured in the USA.

Its online announcements have made another blow to the stock markets in both the USA and the EU, with the S&P 500 around 0.8 percent and the Pan-European Stoxx 600 index declined by 1.2 percent.