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The Guardian // Business // Economics

Trump’s 30% tariffs would eliminate EU-US trade, says chief negotiator Šefčovič

Monday 14th July 2025, 3:33PM

EU trade commissioner says ‘we want to use ‘every minute until 1 August to find a negotiated solution’Donald Trump’s threatened 30% tariffs on European goods would eliminate transatlantic trade, the EU’s chief negotiator with the US has said, while voicing hope that a deal remained possible.Maroš Šefčovič, the EU trade commissioner, said a tariff of 30% or more would have a huge impact, making it “almost impossible to continue” current transatlantic trade, which is worth €4.4bn (£3.8bn) a day. Continue reading...

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