Taoiseach Micheál Martin expressed his disappointment over former President Trump's proposed 50% tariffs on EU goods, describing the situation as 'enormously disappointing.' He noted that the discussions with the EU are stagnating and highlighted the long-term consequences tariffs could have for international trade. In response, EU trade chief Maros Sefcovic advocated for mutual respect in trade relations and confirmed the EU's commitment to negotiating a beneficial agreement. The ongoing tensions suggest that both sides are seeking favorable outcomes but may face significant hurdles ahead.
The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with.
Our discussions with them are going nowhere! Therefore, I am recommending a straight 50pc Tariff on the European Union, starting on June 1, 2025.
The EU Commission remains ready to work in good faith. EU-U.S. trade is unmatched & must be guided by mutual respect, not threats.
Tariffs were damaging to all sides. I welcomed the pause in tariffs until early July to allow for continued negotiations between the EU and the US.
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