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European Union offers to remove industrial tariffs on US goods: ‘Ready for a good deal’

  • Writer: WGON
    WGON
  • Apr 7, 2025
  • 1 min read

The European Union has floated a “zero-for-zero” tariff resolution with the Trump administration after 20% import levies were imposed by Washington last week.


“We have offered zero-for-zero tariffs for industrial goods as we have successfully done with many other trading partners,” European Commission President Ursula von der Leyen said Monday.


“Because Europe is always ready for a good deal. So we keep it on the table,” she said at a press conference alongside Norwegian Prime Minister Jonas Gahr Støre.


Global stocks have plummeted since Trump’s “Liberation Day” announcement April 2 of the imposition of a 10% baseline global tariff — as well as higher import taxes slated to take effect April 9.

 
 
 

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