EU Commission holding meeting to discuss U.S. tariffs impact on industries and trade partnerships

From Yahoo Finance: 2025-04-08 17:43:00

The European Commission has called for a meeting with sectors affected by U.S. tariffs to discuss new trade partnerships and countermeasures, focusing on steel, autos, and other industries. The meeting aims to assess short and medium-term impacts on EU companies and determine sector-specific policies and responses. Washington’s sector-specific duties on steel, aluminum, and vehicles have raised concerns, with additional tariffs on pharmaceuticals, copper, semiconductors, and other products looming. The Commission is looking to diversify trade away from the U.S. and seeking input on the best strategies, including free trade agreements and partnerships. Industry input will be crucial in mitigating the effects of tariffs.



Read more at Yahoo Finance: EU Commission to discuss trade, US tariff strategy with industries