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Reuters

EU trade chief heads to Washington in search of tariffs solution

Reuters · Recent
Reuters
Reuters
Recent

EU trade chief Maros Sefcovic will head to Washington on Wednesday (July 16) for tariff talks, an EU spokesperson told Reuters, adding that he will meet U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer.

Breakdown
  • EU Trade Chief Maros Sefcovic is in Washington for tariff discussions.
  • He will meet US Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer. 10s
  • The US administration has threatened a 30 percent tariff on EU imports. 16s
  • The EU is prepared to impose tariffs on $83.6 billion of US goods if talks fail. 32s
  • European companies are expected to see a drop in earnings and revenue due to trade tensions. 1m 9s
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Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.