#eu-us-relations

#eu-us-relations

The current uncertainty caused by unjustified tariffs cannot persist indefinitely, and the EU is preparing for all outcomes, including well-considered, proportionate countermeasures.

The European Union and the United States have just 48 hours to resolve a trade dispute or face Donald Trump unleashing billions of dollars worth of transatlantic tariffs.

The EU is willing to accept Trump's 10% blanket tariffs in exchange for an extension in talks and possible concessions on a 25% car tariff.

A survey revealed a push for increased defense spending across Europe, highlighting majorities in countries like Poland and Denmark, signaling a shift in security priorities.

In particular, the decision to lower the deposit facility rate - the rate through which the governing council steers the monetary policy stance - is based on its updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission.

We're advancing in the right direction at pace," Šefčovič said at a news conference. He said ongoing technical meetings between EU and U.S. negotiators in Washington would be soon followed by a video conference between himself and Greer to then "assess the progress and charter the way forward.

The newly elected administration has taken a confrontational stance, making European leaders nervous as they see decreased prioritization of transatlantic security issues.