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The Wall Street Publication > Blog > Economy > European Union ‘ready to negotiate’ with Trump on zero-for-zero tariffs
Economy

European Union ‘ready to negotiate’ with Trump on zero-for-zero tariffs

Editorial Board Published April 7, 2025
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European Union ‘ready to negotiate’ with Trump on zero-for-zero tariffs
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‘Outnumbered’ discusses European Fee President Ursula von der Leyen providing the USA ‘zero-for-zero’ tariffs on industrial items because the markets react to President Donald Trump’s world commerce insurance policies.

European Fee President Ursula von der Leyen stated the European Union is “ready to negotiate” with President Donald Trump over tariffs, noting that “we have offered zero-for-zero tariffs for industrial goods.” 

Talking in Brussels Monday, the pinnacle of the EU’s government arm known as Trump’s financial coverage a “major turning point for the United States.” 

“These tariffs come first and foremost at immense costs for U.S. consumers and businesses, but at the same time they have a massive impact on the global economy. Especially hard-hit are the developing countries,” she stated. 

“Nonetheless, we stand ready to negotiate with the United States. Indeed, we have offered zero-for-zero tariffs for industrial goods, as we have successfully done with many other trading partners, because Europe is always ready for a good deal. So we keep it on the table,” she added. 

TRUMP THREATENS TO ADD 50% TARIFFS ON CHINA IF RETALIATORY TARIFFS NOT DROPPED 

President of the European Fee Ursula von der Leyen and President Donald Trump (Thierry Monasse/Andrew Harnik / Getty Photos)

Von der Leyen additionally stated “in parallel we are preparing a potential list for retaliation and other measures for retaliation if this is necessary” and that “We prefer to have a negotiated solution.” 

“We will set up an import surveillance task force. We will work with industry to make sure we have that necessary evidence base for our policy measures,” she additionally stated. “And we will stay in very close contact to minimize effects of our actions on each other.” 

JPMORGAN CHASE CEO JAMIE DIMON ISSUES TARIFF WARNING IN ANNUAL LETTER 

trump introducing tariffs

President Donald Trump holds up a chart throughout a “Make America Wealthy Again” occasion on the White Home on April 2. (Chip Somodevilla / Getty Photos)

Her remarks come after Trump introduced contemporary 20% tariffs on EU imports final week. 

“Tariffs are taxes that will be paid by the people. Tariffs are taxes for the Americans on their groceries and their medication. Tariffs will just fuel inflation, exactly the opposite of what we wanted to achieve,” she stated in a speech Tuesday to the European Parliament. 

donald trump

President Donald Trump speaks throughout a Cupboard assembly on the White Home on March 24, 2025. (Win McNamee / Getty Photos)

CLICK HERE TO READ MORE ON FOX BUSINESS    

Trump stated Sunday that “We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a beautiful thing to behold.” 

FOX Enterprise’ Anders Hagstrom contributed to this report. 

TAGGED:EuropeannegotiatereadytariffsTrumpunionzeroforzero
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