Close Menu
  • US
  • World
    • Canada
    • Europe
    • Asia
    • Africa
    • Australia
    • South America
  • Politics
  • Business
    • Finance
    • Investing
    • Markets
    • Economy
    • Small Business
    • Crypto
  • Money
  • Lifestyle
  • Sports
  • Videos
  • Topics
    • Entertainment
    • Health
    • Tech
    • Travel
  • More Articles
Trending Now
Europe alone cannot rebuild global order, Brazil’s Ambassador says

Europe alone cannot rebuild global order, Brazil’s Ambassador says

May 5, 2026
Province to spend M on revamping Winnipeg’s Pantages Playhouse Theatre

Province to spend $15M on revamping Winnipeg’s Pantages Playhouse Theatre

May 5, 2026
This concept should turn capitalists from top dogs to lapdogs

This concept should turn capitalists from top dogs to lapdogs

May 5, 2026
Tom Holland Shares Rare Insight Into His Life at Home With Zendaya: ‘Absolutely Love It’

Tom Holland Shares Rare Insight Into His Life at Home With Zendaya: ‘Absolutely Love It’

May 5, 2026
FBI nabs more than 350 alleged child sex abuse offenders

FBI nabs more than 350 alleged child sex abuse offenders

May 5, 2026
Facebook X (Twitter) Instagram
Just In
  • Europe alone cannot rebuild global order, Brazil’s Ambassador says
  • Province to spend $15M on revamping Winnipeg’s Pantages Playhouse Theatre
  • This concept should turn capitalists from top dogs to lapdogs
  • Tom Holland Shares Rare Insight Into His Life at Home With Zendaya: ‘Absolutely Love It’
  • FBI nabs more than 350 alleged child sex abuse offenders
  • RFK Jr. unveils initiative targeting ‘overuse’ of psychiatric medications, especially among children
  • IBM CEO Arvind Krishna warns Washington must find ‘Goldilocks’ middle ground on AI regulation
  • FOX Sports, FOX One, Indeed Launch Search to Find ‘Chief World Cup Watcher’
  • Privacy
  • Terms
  • Advertise
  • Contact
Pure Info NewsPure Info News
Newsletter
  • US
  • World
    • Canada
    • Europe
    • Asia
    • Africa
    • Australia
    • South America
  • Politics
  • Business
    • Finance
    • Investing
    • Markets
    • Economy
    • Small Business
    • Crypto
  • Money
  • Lifestyle
  • Sports
  • Videos
  • Topics
    • Entertainment
    • Health
    • Tech
    • Travel
  • More Articles
 Markets Login
Pure Info NewsPure Info News
Home » EU trade chief urges US to ‘swiftly’ restore 15% tariff arrangement
Europe

EU trade chief urges US to ‘swiftly’ restore 15% tariff arrangement

News RoomNews RoomMay 5, 2026No Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
EU trade chief urges US to ‘swiftly’ restore 15% tariff arrangement

Published on
05/05/2026 – 19:06 GMT+2

EU Trade Commissioner Maroš Šefčovič on Tuesday urged the US to honour its side of the EU-US trade deal during a meeting in Paris with US Trade Representative Jamieson Greer.

Tensions have escalated in recent days over the implementation of the EU-US trade deal reached almost a year ago in Turnberry, Scotland, after US President Donald Trump threatened to impose 25% tariffs on EU cars, in breach of the agreement capping US tariffs on EU goods at 15%.

The agreement was further shaken in February after the White House introduced new tariffs following a US Supreme Court ruling declaring the 2025 tariffs illegal.

A European Commission spokesperson said Tuesday that during the 90-minute meeting with Greer, Šefčovič called for a “swift return” to the agreed Turnberry terms, meaning “a 15% all-inclusive tariff rate.”

The US currently imposes a 10% tariff on EU goods on top of duties already in place before Trump’s return to the White House in 2025, with rates varying across EU products. Combined duties can now reach as much as 30% on certain EU exports, such as cheese, exceeding the 15% cap established in the EU–US agreement.

During the meeting, Šefčovič also updated his counterpart on the EU’s implementation of the agreement, the spokesperson said, “to clarify” where the EU “stands.”

Washington wants Brussels to accelerate the EU legislative process needed to implement the deal, including the bloc’s commitment to cut tariffs on US industrial goods to zero.

But negotiations between EU governments and members of the European Parliament remain tense.

MEPs want to add safeguards that would make EU tariff cuts conditional on the US implementing its side of the agreement. They are also pushing for a “sunset clause” that would terminate the deal in March 2028 unless renewed.

The European Parliament’s position is backed by France, while Germany and other member states want to preserve the original agreement struck in July 2025 by Trump and European Commission President Ursula von der Leyen.

A round of negotiation is scheduled for Wednesday evening.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

Europe alone cannot rebuild global order, Brazil’s Ambassador says

Europe alone cannot rebuild global order, Brazil’s Ambassador says

‘We should never have signed this trade deal,’ leading MEP says

‘We should never have signed this trade deal,’ leading MEP says

Portugal arrests further 15 police officers in rape and torture probe

Portugal arrests further 15 police officers in rape and torture probe

Kyiv slams Egypt for taking Russian‑shipped grain stolen from Ukraine

Kyiv slams Egypt for taking Russian‑shipped grain stolen from Ukraine

Short conflict in the Middle East or recession in Europe, IMF warns

Short conflict in the Middle East or recession in Europe, IMF warns

Ukraine strikes Russian army facility 1,000km into Moscow’s territory

Ukraine strikes Russian army facility 1,000km into Moscow’s territory

No, the Netherlands didn’t ‘legalise illegal migration’

No, the Netherlands didn’t ‘legalise illegal migration’

Can US law stop Trump from withdrawing troops from Europe?

Can US law stop Trump from withdrawing troops from Europe?

Sweden announces new spy agency in rethink prompted by war in Ukraine

Sweden announces new spy agency in rethink prompted by war in Ukraine

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Province to spend M on revamping Winnipeg’s Pantages Playhouse Theatre

Province to spend $15M on revamping Winnipeg’s Pantages Playhouse Theatre

May 5, 2026
This concept should turn capitalists from top dogs to lapdogs

This concept should turn capitalists from top dogs to lapdogs

May 5, 2026
Tom Holland Shares Rare Insight Into His Life at Home With Zendaya: ‘Absolutely Love It’

Tom Holland Shares Rare Insight Into His Life at Home With Zendaya: ‘Absolutely Love It’

May 5, 2026
FBI nabs more than 350 alleged child sex abuse offenders

FBI nabs more than 350 alleged child sex abuse offenders

May 5, 2026
RFK Jr. unveils initiative targeting ‘overuse’ of psychiatric medications, especially among children

RFK Jr. unveils initiative targeting ‘overuse’ of psychiatric medications, especially among children

May 5, 2026

Latest News

IBM CEO Arvind Krishna warns Washington must find ‘Goldilocks’ middle ground on AI regulation

IBM CEO Arvind Krishna warns Washington must find ‘Goldilocks’ middle ground on AI regulation

May 5, 2026
FOX Sports, FOX One, Indeed Launch Search to Find ‘Chief World Cup Watcher’

FOX Sports, FOX One, Indeed Launch Search to Find ‘Chief World Cup Watcher’

May 5, 2026
2 dead, 3 injured after deranged gunman, 69, opens fire at mall outside Dallas: cops

2 dead, 3 injured after deranged gunman, 69, opens fire at mall outside Dallas: cops

May 5, 2026

Subscribe to News

Get the latest US news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?