The European Commission has announced its readiness to engage in formal negotiations with the U.S. President Donald Trump as the ongoing tariff dispute between the European Union and the United States continues to escalate. The announcement comes as both sides face mounting economic pressure from retaliatory tariffs that have disrupted trade across the Atlantic.
European Commission President Ursula von der Leyen stated, "The European Union remains committed to resolving the tariff crisis through dialogue. We believe that a constructive approach to negotiations with all parties involved is the key to easing the economic strain and preserving the stability of transatlantic trade."
The tariff standoff, which began under the Trump administration's "America First" trade policy, has created significant barriers for businesses and consumers on both sides of the Atlantic. The European Union imposed retaliatory tariffs on a range of U.S. products after the U.S. levied duties on European steel and aluminum imports. In response, U.S. officials have criticized the EU's trade practices, exacerbating tensions.
"While the previous administration's policies created a significant trade imbalance, we are prepared to reset the conversation, recognizing the mutual benefits of cooperation," von der Leyen added. "Our goal is to de-escalate the current situation, explore new opportunities, and ensure the growth of a strong and fair economic relationship."
The decision to initiate talks with Trump, who remains a key political figure with substantial influence in U.S. trade policy, signals a shift toward diplomacy. It is hoped that this approach will pave the way for a potential resolution that can mitigate further disruptions to trade and economic relations.