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The Latest Breaking News from Maros Sefcovic

Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited

September S&P 500 E-Mini futures (ESU25) are down -0.29%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.30% this morning, pointing to a lower open on Wall Street after U.S. President Donald Trump escalated his trade war.

Barchart

Stock Index Futures Tread Water With All Eyes on Key U.S. Jobs Report

September S&P 500 E-Mini futures (ESU25) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.08% this morning as investors sit on their hands ahead of the all-important U.S. payrolls report that will offer fresh insight into the labor market and the path of interest rates.

Barchart

EU races to strike trade deal with Washington as Macron slams tariff 'blackmail'

With the 9 July deadline fast approaching, the European Union is racing to secure a trade agreement with Washington in a bid to avert steep tariffs on its exports. In an effort to advance the negotiations, EU Trade Chief Maroš Šefčovič has travelled to Washington for final talks with President…

Radio France Internationale

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Northern Ireland Secretary set to meet EU trade commissioner Maros Sefcovic

It comes a couple of weeks after the UK struck a proposed deal with the EU to reduce the number of post-Brexit checks.

Evening Standard

Leaders of Canada and Mexico lash out at Trump steel tariff hike

Canada’s Mark Carney calls the 50-percent tariff increase ‘illegal’, while Mexico’s Sheinbaum weighs countermeasures.

Al Jazeera

Why are the US and EU struggling to reach a trade deal?

Trump’s U-turn sees European leaders call for ‘lowest possible’ tariffs after levies postponed from June 1 to July 9.

Al Jazeera

EU 'Fully Committed' To Reaching US Trade Deal: Commissioner

The European Union remains "fully committed" to reaching a trade agreement with the United States, the bloc's trade commissioner Maros Sefcovic said Monday following calls with top US officials.

International Business Times

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EU engaging ‘sensibly’ with US administration following tariff threat – Martin

Taoiseach Micheal Martin said he believes the US is anxious to reach a deal on trade with the EU.

Evening Standard

EU vows to defend interests after Trump threatens 50 percent tariffs

EU official says trade deal ‘must be guided by mutual respect, not threats’ after US president threatens a huge tariff.

Al Jazeera

EU trade chief calls for ‘mutual respect’ after Trump tariff threats

The US president threatened to slap 50% tariffs on all EU goods sent to the United States.

Evening Standard

EU Plans Two-euro Flat Fee On Small Parcels From Outside Bloc

The EU said Tuesday that it was preparing to impose a two-euro ($2.25) flat fee on the billions of low-value packages that flood into the bloc each year, the great majority from China.

International Business Times

US-UK trade deal: How are Trump’s global tariff talks shaping up?

UK and US leaders to hold separate media events outlining Donald Trump’s first trade deal since global tariffs move.

Al Jazeera

EU Trade Chief Says Accelerating Free Trade Talks With Asia

The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the bloc's trade chief said Wednesday.

International Business Times

UK and EU Defy Trump with Bold New Pact—Major Move to Boost Trade and Security Sparks Global Buzz

The Prime Minister is preparing to sign a joint declaration with the European Union backing “free and open trade” — a move seen by many as a major reset in UK-EU relations.

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Evening Standard

EU trade chief meets ministers in London amid leaks of mooted pact

The meeting comes ahead of a UK-EU summit in May that will be seen as a critical moment in the Government’s drive to to reset relations with Brussels.

Evening Standard

Reynolds holds talks with EU trade chief amid mooted pact with Brussels

Business Secretary Jonathan Reynolds met with the EU’s commissioner for trade Maros Sefcovic in London.

InsideEVs

The Tariff War Is Making EVs Cheaper. Just Not For You

This year, global trade is undergoing major restructuring amid President Trump’s tariffs on America’s trading partners. The historically strong transatlantic partnership between the U.S. and Europe is now faltering amid the trade war. China might be looking for ways to pull Europe closer, especially with regard to electric vehicles.

International Business Times

How The EU Is Responding To Trump's Trade Assault

Hit by three waves of painful US tariffs since President Donald Trump returned to office, the European Union's response has been a high-wire act, balancing calibrated retaliation with a push for negotiations to avert an all-out trade war.

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Al Jazeera

EU offers zero tariff deal to US but prepares for trade war

Brussels pushes for trade talks with Washington while preparing countermeasures on tariffs.

International Business Times

EU Split On Targeting US Tech Over Trump Tariffs

Should the European Union target US Big Tech and services in response to President Donald Trump's tariff onslaught?

Euronews

European and US markets continue to drop after Trump's global tariffs

Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more than 180 countries and territories, ranging in severity from 10% to more than 50%.

International Business Times

Trump Goads China After Beijing Retaliates In Global Trade War

President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich."

International Business Times

White House Says Trump To Announce Auto Tariffs Wednesday

US President Donald Trump will announce tariffs on auto imports to the country Wednesday, the White House said in a move set to fuel tensions with trading partners ahead of further promised levies next week.

International Business Times

EU Trade Chief Says Tariff Reciprocity 'Must Work For Both' Bloc And US

EU trade chief Maros Sefcovic said Thursday that reciprocity in tariffs should apply to both the bloc and Washington, after talks with his counterparts in US President Donald Trump's administration.

International Business Times

EU Trade Chief Says Bloc Will Respond Swiftly To US Tariffs

The European Union will respond "firmly and swiftly" to protect its interests if Washington imposes tariffs on the bloc's goods, its trade chief said Wednesday, rejecting President Donald Trump's claim that US-EU trade ties are unfair.

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