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

President Ursula von der Leyen of the European Fee mentioned that the European Union is “prepared to barter” with President Donald Trump on charges, and famous that “we’ve supplied zero-for-zero charges for industrial items.”

Monday in Brussels, the top of the EU Govt Arm, Trump’s financial coverage known as ‘vital turning level for the USA’.

“These charges come primarily and particularly at monumental prices for American customers and firms, however on the identical time they’ve a big impact on the worldwide economic system. Particularly tough international locations are tough,” she mentioned.

“However, we’re prepared to barter with the USA. Certainly, we’ve supplied zero-for-zero charges for industrial items, as we’ve efficiently performed with many different buying and selling companions, as a result of Europe is all the time prepared for deal. So we preserve it on the desk,” she added.

Trump threatens so as to add 50% charges to China if retaliation charges don’t fall

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

Von der Leyen additionally mentioned: “On the identical time, we put together a possible record for retribution and different retaliation measures if obligatory” and that “we desire a negotiated answer.”

“We’ll arrange an import surveillance taskforce. We’ll work with the trade to make sure that we’ve that obligatory base for our coverage measures,” she additionally mentioned. “And we are going to stay in very shut contact to attenuate the consequences of our actions.”

JPMorgan Chase CEO Jamie Dimon expenditure fee warning in annual letter

President Donald Trump will maintain a graph on 2 April throughout a “Make America Refey Once more” occasion within the White Home. (Chip Somodevilla / Getty pictures)

Her feedback come after Trump introduced new charges of 20% on EU imports final week.

“Charges are taxes that can be paid by individuals. Charges are taxes for the People on their messages and their remedy. Charges will solely feed inflation, precisely the alternative of what we wished to realize,” she mentioned on Tuesday in a speech in opposition to the European Parliament on Tuesday.

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

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Trump mentioned on Sunday that “we’ve monumental monetary deficits with China, the European Union and plenty of others. The one method this drawback may be healed is with charges, which now deliver dozens of billions of {dollars} to the US that they’re already in pressure, and one thing stunning to see.”

FOX Enterprise’ Different Hagstrom has contributed to this report.