BRUSSELS, May 6 — The European Union's (EU) trade chief has urged the United States (US) to quickly restore the tariff levels agreed under last year's EU-US trade deal.
Xinhua reported that the European Commission said on Tuesday that it would be "beneficial" to have the main terms of the deal in place ahead of its first anniversary in July.
On the same day, European Commissioner for Trade and Economic Security Maroš Šefčovič met with US Trade Representative Jamieson Greer in Paris, France. Šefčovič said that a key concern for the EU remains US President Donald Trump's threat to raise tariffs on EU cars and trucks to 25 per cent.
French news channel BFM TV reported President Emmanuel Macron as saying on Tuesday that if a 25-per cent US tariff were imposed on EU cars, the bloc should "activate" its anti-coercion instruments, denouncing what he described as "threats of destabilisation."
"Agreements that have been signed must be respected," he said, adding that if any country were threatened with tariffs, the EU has equipped itself with instruments that would need to be activated.
Under the EU-US trade deal reached in July 2025, the EU would suspend tariffs on all US industrial products and introduce tariff-rate quotas for a wide range of US agri-food products entering the EU market. In return, the US would apply a 15-per cent import tariff on most EU goods.
