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64 new news items in the last 24 hours
  1. Home
  2. Economy

The European Union is seeking ways to avoid 30% tariffs on US imports with a strategy based on negotiations and compromises.

Sanziana Georgescu
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19 July 2025, 05:55
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Economy
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The European Union is facing increased pressure to avoid the new 30% tariffs that President Trump will impose from August 1. Brussels has developed a four-point strategy, including compromise offers, such as cutting EU tariffs on American cars in exchange for lower US tariffs. The impact of existing tariffs is being felt in the profits of European companies like Volvo Cars. Negotiations continue, but trade risks are growing and an escalation of the conflict is becoming increasingly imminent.

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Digi24
UE pregăteşte o contraofensivă în faţa tarifelor lui Donald Trump: negocieri, represalii şi strategii comune
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UE pregăteşte o contraofensivă în faţa tarifelor lui Donald Trump: negocieri, represalii şi strategii comune

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NEWS ON THE SAME TOPICS

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Ursula von der Leyen, the President of the European Commission, stated that the EU is prepared for all scenarios, following the US threats to impose a 25% tariff on cars imported from Europe.
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The European Commission reacted to Donald Trump's announcement about raising tariffs to 25% on cars from the EU, accusing the community bloc of violating a trade agreement.
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The automotive industry in Germany is calling for immediate discussions between the USA and the EU to de-escalate the tariff dispute.
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The EU-US discussions on the trade agreement have failed. The situation risks increasing Donald Trump's anger.
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Donald Trump has announced that he will raise tariffs to 25% on vehicles from the European Union, starting next week.
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The European Union urges the United States to quickly reintroduce the tariffs agreed upon in the bilateral trade agreement, before its one-year anniversary.
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