EU Ready to Respond to US Tariffs with All Options on the Table

Published: May 7, 2025 10:52
["[EU Official: EU Will Be Ready to Respond to US Tariffs, All Options on the Table]", "EU Commission Vice President Maroš Šefčovič stated that during the 90-day tariff suspension period offered by Trump, the EU will be prepared to respond to the substantial tariffs imposed by the US on EU imports, with all options on the negotiating table. Šefčovič noted that US tariffs now cover 70% of EU trade in goods with the US, and this proportion could rise to 97% after further US investigations into pharmaceuticals, semiconductors, and other products. Šefčovič expressed that negotiating with the US to reach a solution remains the EU's clearest and most desired outcome. Šefčovič said that the EU will utilize the period until July 8, during which tariffs are suspended, to prepare further rebalancing measures and ensure a level playing field in case negotiations fail. 'All options are on the table,' Šefčovič stated."]

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["[EU Official: EU Will Be Ready to Respond to US Tariffs, All Options - Shanghai Metals Market (SMM)