- Commissioner Šefčovič highlighted the significant EUR 1.6 trillion trade relationship between the EU and the US, emphasizing the need for cooperation amid recent US-imposed tariffs on EU steel and aluminum exports.
- The EU is preparing proportional countermeasures to the US tariffs while aiming to address the root causes of overcapacity in the steel and aluminum sectors through a newly adopted Steel and Metals Action Plan.
- Ongoing trade negotiations with countries like India, Mexico, and members of the Gulf Cooperation Council are a priority, along with proactive engagement with China to resolve trade-related concerns.
Sources
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