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EU to go for countermeasures if US talks fail - trade chief

The European Union is preparing additional counter-tariffs on imports from the US worth €72 billion ($84 billion), EU Trade Commissioner Maroš Šefčovič said on Monday, following new tariffs announced by US President Donald Trump. The EU is still hoping to find a negotiated solution in a dispute with Washington over alleged trade imbalances and threatened tariff hikes.

Reuters WORLD
Published July 14,2025
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EU member states agreed that the EU would need to go for countermeasures if the trade negotiations with the U.S. fail, EU's trade chief Maros Sefcovic said on Monday after a meeting with EU ministers in Brussels

He added he believes there is "still a potential to continue the negotiations" and that any deal has to be accepted by EU members and the European Parliament.

He also said he plans to confer with his U.S. counterparts later on Monday to discuss the state of play.