“The EU and US share the world’s most consequential and close trade relationship,“ the president of the European Commission, which conducts trade policy for the 27-nation bloc, posted on X.
Brussels and the United States have been negotiating in a bid to avert an all-out transatlantic trade war, and had agreed to suspend tariff action on both sides until July.
The US leader said Friday he was “not looking for a deal” with the EU, repeating his oft-stated view that the bloc was created to “take advantage” of the United States.
“We don’t need any further provocations, but serious negotiations,“ Klingbeil, who is also Germany’s vice chancellor, told Bild newspaper.
Trump has hit the bloc with three sets of tariffs: 25 percent on steel and aluminium and on automobiles, followed by a 20-percent “reciprocal” levy on all imports -- which has been suspended pending talks, though a baseline 10 percent remains in force.
Brussels has announced plans to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs if negotiations fail to produce to deal.
But when taking account of services, where American firms are dominant, the European Commission calculates that the US trade deficit stood at 50 billion euros (57 billion dollars).
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