European Union (EU) Trade Commissioner Maros Sefcovic said on Tuesday that they have “proposed 0 for 0 tariffs on industrial goods.”
Key takeaways
Accelerating trade talks with India among others.
Another €170B US-exports may be impacted by tariffs.
Ready to use all available tools in trade defence.
Market reaction
EUR/USD is building on its upbeat momentum following these comments and was last seen adding 0.27% on the day at 1.1344.
Source: https://www.fxstreet.com/news/eus-sefcovic-proposed-0-for-0-tariffs-on-industrial-goods-202505060756