In response to looming U.S. tariffs, the European Union is stepping up with a major proposal: a €50 billion trade deal aimed at easing tensions with Washington and steering clear of a full-scale transatlantic trade war.

A Tailored Offer for Terif war

The EU is willing to boost its imports of U.S. goods—including liquefied natural gas (LNG), soybeans, and various agricultural products—by €50 billion. EU Trade Commissioner Maroš Šefčovič says this step could directly address the trade deficit the U.S. has repeatedly criticized.

“If the €50 billion deficit is the issue, I believe we can resolve it very quickly,” Šefčovič stated confidently.$XRP

Firm Rejection of 10% Tariffs

At the same time, Brussels is firmly rejecting the 10% tariffs recently announced by the Trump administration. EU officials argue that these measures are neither fair nor balanced. Instead of letting things escalate, the EU is pushing for a solution both sides can agree on.

Europe hopes to finalize a deal before July, when the tariffs are scheduled to take effect. The U.S. threat of an additional 20% "reciprocal" tariff is currently on hold, leaving a 90-day window for negotiations.

Ready for Any Outcome

While diplomacy is the top priority, the EU isn’t taking chances. The European Commission has already prepared a €21 billion retaliatory tariff package targeting U.S. products like Harley-Davidson motorcycles, poultry, and clothing. These countermeasures are on standby and could be enforced immediately if talks collapse after July 14.

“Our response must be strong and fully supported by all EU member states,” Šefčovič emphasized.

Willing to Cooperate on Bigger Issues

Beyond the immediate conflict, the EU is also open to working with the U.S. on broader global trade issues—especially concerning China. These include challenges like steel overcapacity, semiconductor development, and dependency on critical raw materials.

“If we join forces, there’s a lot we can achieve,” Šefčovič said.

✉️ Summary:

The EU wants to prevent a damaging tariff war and is offering real trade incentives to the U.S. But Brussels is drawing a clear line—it won’t accept unfair demands and is ready to hit back if necessary.$ETH

🔍 Your Thoughts?

Should Europe compromise more to keep peace, or stand its ground?

#TradeDeal #Tariffs #trump #Geopolitics #TradeWars

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