May 27, 2025
1 min read

EU Vows US Trade Deal

European Commission President Ursula von der Leyen phoned Trump on Sunday, after which he agreed to postpone the planned tariff increase until July 9….reports Asian Lite News

The European Commission remains “fully committed” to reaching a trade deal with the United States amid tariff twists, according to a senior European Union (EU) official.

In a Monday post on social media platform X, European Commissioner for Trade and Economic Security Maros Sefcovic wrote: “The European Commission remains fully committed to constructive and focused efforts at pace towards an EU-US deal,” adding that Brussels would continue to stay in constant contact with Washington.

His remarks followed his calls with US Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer, Xinhua news agency reported.

On Friday, US President Donald Trump said talks with the 27-member bloc were “going nowhere” and threatened to impose a 50 per cent tariff on all EU imports from June 1.

Washington, Mar 05 (ANI): President Donald Trump addresses a joint session of Congress, at the U.S. Capitol in Washington on Tuesday. (ANI Photo)

Trump was upset by the lack of progress in trade talks with the EU, which has proposed mutually cutting tariffs to zero even as the President has publicly insisted on preserving a baseline 10 per cent tax on most imports.

“Our discussions with them are going nowhere!” Trump posted on Truth Social.

European Commission President Ursula von der Leyen phoned Trump on Sunday, after which he agreed to postpone the planned tariff increase until July 9.

Economists and market analysts have also criticised the unpredictability of US trade policies, noting that such volatility undermines confidence in the US as a reliable trading partner.

Previous Story

ASEAN Unveils 2045 Vision

Next Story

India Targets Pak Terror Ties in Guyana

Latest from -Top News

Modi, Cyprus President Hold Talks

Both leaders explored avenues to deepen cooperation in trade, investment, security, and technology…reports Asian Lite News Prime Minister Narendra Modi on Monday held wide-ranging discussions with Cyprus President Nikos Christodoulides at the

Jaishankar Dials UAE, Armenia as Mideast Heats Up

EAM Jaishankar discussed the fast-evolving situation and emphasised the importance of dialogue and cooperation….reports Asian Lite News External Affairs Minister S. Jaishankar held telephonic conversations with his counterparts in the United Arab

G7 Summit Eyes Energy Security

Monday’s schedule includes a 90-minute session among G7 leaders to discuss the global economic outlook…reports Asian Lite News The Group of Seven (G7) summit unveiled its slimmed-down agenda, prioritising discussions on the

Modi Mania Grips Canada

This is PM Modi’s first visit to Canada after a year marked by diplomatic tensions…reports Asian Lite News As Prime Minister Narendra Modi gears up for his visit to Canada for the

Modi’s 3-Nation Mission Begins

This three-nation tour is also an opportunity to thank partner countries for their steadfast support to India in our fight against cross-border terrorism…reports Asian Lite News Ahead of his departure for a
Go toTop

Don't Miss

Rising tide of interest in doing business with India

Cook’s visit, the latest by a top global executive, exemplifies

US envoy Garcetti visits Sabarmati Ashram

Garcetti on his arrival to the Sabarmati Ashram, was garlanded