The European Union's trade chief, Maros Sefcovic, responded to US President Donald Trump's threat of 50% tariffs on EU goods by emphasizing the need for mutual respect in trade negotiations. Sefcovic stated the EU is committed to a deal but will defend its interests. Trump, expressing impatience with the slow progress, reiterated his plan to impose tariffs on June 1st, although he suggested a large US investment by a European company might delay this. European leaders voiced concerns about the negative impact of higher tariffs, advocating for continued negotiations.

Prepared by Christopher Adams and reviewed by editorial team.