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EU trade chief says bloc will respond swiftly to US tariffs

  • Maros Sefcovic, European Commissioner for Trade and Economic Security, stated the EU sees "no justification for sudden, unilateral tariff increases" by the United States.
  • Sefcovic noted that the EU-US economic relationship represents nearly 30 percent of global trade and emphasized that the EU is one of the most open economies globally, with over 70 percent of imports entering at zero-tariff.
  • Sefcovic warned that if the United States imposes tariffs, the EU would respond "firmly and swiftly" to protect its interests amid heightened tariff tensions with the United States.
  • The EU has a goods trade surplus of 157 billion euros with the United States, but there is a trade deficit of 109 billion euros in services, leading to an actual trade surplus of 48 billion euros.
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Winters Express broke the news in on Wednesday, February 19, 2025.
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