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Straits Times
3 days ago
- Business
- Straits Times
EU did not receive US letter demanding best offer in trade talks -source
FILE PHOTO: U.S. President Donald Trump attends a bilateral meeting with European Commission President Ursula von der Leyen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Jonathan Ernst/File Photo EU did not receive US letter demanding best offer in trade talks -source BRUSSELS - The European Union did not receive a letter from the United States in which President Donald Trump's administration made a demand for countries to submit their best offer on trade negotiations by Wednesday, according to a source familiar with the talks. Following a call with European Commission President Ursula von der Leyen, Trump restored a July 9 deadline to allow for talks between Washington and Brussels to continue. It was not immediately clear whether the letter, a draft seen by Reuters, had yet been sent to negotiating partners. A European Commission spokesperson declined to provide details about documents and offers exchanged between the EU and the US in their trade talks. "What we can say is that following the recent call between Presidents von der Leyen and Trump, both sides agreed to accelerate the pace of talks," the spokesperson said, pointing to talks this week with the technical teams in Washington and an upcoming meeting between EU trade commissioner Maros Sefcovic and U.S. trade representative Jamieson Greer in Paris. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Straits Times
26-04-2025
- Business
- Straits Times
Trump and EU's von der Leyen agree to meet, says European Commission
FILE PHOTO: U.S. President Donald Trump attends a bilateral meeting with European Commission President Ursula von der Leyen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Jonathan Ernst/File Photo BRUSSELS - U.S President Donald Trump and European Commission President Ursula von der Leyen agreed on Saturday during a short exchange on the sidelines of Pope Francis' funeral to meet at a later stage, von der Leyen's spokesperson said. "In their brief exchange, President von der Leyen and President Trump agreed to meet," Paula Pinho said in a post on X. No further details were immediately available. While Trump has received several other European leaders, von der Leyen has not managed to arrange a meeting with the U.S. president since his return to the White House in January - despite the fact that the European Commission is responsible for the bloc's trade policy and issues such as tariffs. The U.S. imposed 25% tariffs on EU cars, steel and aluminium in March and 20% tariffs on other EU goods in April. It then halved the 20% rate until July 8, setting a 90-day window for talks to reach a more comprehensive tariff deal. In response, the 27-nation EU suspended its own plans to impose retaliatory tariffs on some U.S. goods and proposed zero duties for all industrial goods on both sides. On Friday, EU Economic Commissioner Valdis Dombrovskis said the zero-tariff offer had met with only moderate U.S. interest, and that the U.S. and the EU still needed a lot of work to reach a deal that would avert the imposition of tariffs from both sides. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
The Star
26-04-2025
- Business
- The Star
Trump and EU's von der Leyen agree to meet, says European Commission
FILE PHOTO: U.S. President Donald Trump attends a bilateral meeting with European Commission President Ursula von der Leyen during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Jonathan Ernst/File Photo BRUSSELS (Reuters) - U.S President Donald Trump and European Commission President Ursula von der Leyen agreed on Saturday during a short exchange on the sidelines of Pope Francis' funeral to meet at a later stage, von der Leyen's spokesperson said. "In their brief exchange, President von der Leyen and President Trump agreed to meet," Paula Pinho said in a post on X. No further details were immediately available. While Trump has received several other European leaders, von der Leyen has not managed to arrange a meeting with the U.S. president since his return to the White House in January - despite the fact that the European Commission is responsible for the bloc's trade policy and issues such as tariffs. The U.S. imposed 25% tariffs on EU cars, steel and aluminium in March and 20% tariffs on other EU goods in April. It then halved the 20% rate until July 8, setting a 90-day window for talks to reach a more comprehensive tariff deal. In response, the 27-nation EU suspended its own plans to impose retaliatory tariffs on some U.S. goods and proposed zero duties for all industrial goods on both sides. On Friday, EU Economic Commissioner Valdis Dombrovskis said the zero-tariff offer had met with only moderate U.S. interest, and that the U.S. and the EU still needed a lot of work to reach a deal that would avert the imposition of tariffs from both sides. (Reporting by Sabine Siebold; Editing by Gareth Jones)
