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US President Donald Trump, Washington, DC visits the day signed by executive commands in the oval office of the White House in April 23, 2025.
Leah Millis | Reuters
European officials say that optimism is optimistic, not agreed to a contract and the United States will be warned of significant economic losses in the absence of full-scale tariffs.
“I believe that the agreement can be achieved, and we must reach this point, we have a lot of work to achieve this point,” said CNBC’s Eurogroup and Finance Minister Pascal Donohoe, “Pascal Donohoe.”
“If we use time in a smart way, at least we can damage ourselves on both sides of the Atlantic, we can create a framework that we can avoid the measures taken on both sides of Europe and America,” he said.
The European Union and the United States are negotiating to achieve a trade agreement, which are negotiating to reach the US EU tariffs, and the opposite-shell of the EUcan be avoided.
Trump initially applied 20% to all goods from the EU, but the “mutual” tariff, but until this period has stopped up to 90 days to reduce up to 10% fee. 25% of foreign cars and steel and aluminum imports remain at 25% tariff.
The EU was suspended in the value of 21 billion euros ($ 24.1 billion) in the US value of 21 billion euros ($ 24.1 billion) to allow the United States for EU-US talks ” The European Commission said.
Negotiations have yet made any material compromise or results, European officials sayand and according to the discussions increased to the Fund on Wednesday After the EU, the United States’s technological behemoths and hundreds of millions of euros each For a violation of the blocks of the block digital competition.
The EU insists that trade in the United States is reasonably balanced in trade in goods and services. Information from the European CommissionThe EU executive lever said that the bloc has a trade surplus of trade surplus of 155.8 billion euros ($ 176.7 billion) for goods in 2023, but 104 billion euros were struggled in the services. In total, in 2023, the EU-US trade was worth 1.6 trillion euros in 2023, According to the EU.
Machinery and vehicles, chemicals, other produced goods and medicinal products and drugs are the largest part of the EU exports to the United States.
Spanish Finance Minister Carlos Cuerpo told CNBC that the failure to achieve any transaction would be harmful to both Europe and the United States. More than 4 billion euros ($ 5.1 billion) on a day trading in goods and services in a day.
“We must engage in an open and sideline conversation between the two sides of the Atlantic, because if we do not enter a fair and balanced agreement, Cuerpo told Carolin Roth in Washington.
“This special figure is 4.5 billion euros in the Atlantic in terms of trade, goods and services, this is a treasure needed to protect.”
“These talks, these talks, these talks, these talks, how to sign up, the majority of the tariffs used by the US management are already affecting our companies.”
The Netherlands’ Finance Minister Eelco Heinen would lead the tariffs to be “so bad for consumers” and the investment of enterprises.
On Tuesday, the IMF warned trade tariffs announced by President Donald Trump in 2025 that he violated its large headlines for the United States and the global economy.
World economic outlook in April 2025. The Fund also reduced the global growth forecast this year to 2.8% this year and from 0.5 percent to the previous assessment.
In 2026, in 2026, in 2026, in 2026, in 2025, the Fund forecasted a short decrease in 2025 in 2025 GDP to hit 0.8% of GDP.
Spain has appeared as a bright point in the region, comparing the growth rate by sluggish dynamics, compared to 0.2 percent of the forecast in January, 0.2 percent is expected to expand the economy 2.5%.
“This reflects a great transportation than expected in 2024,” he said.
These were “reference forecasts” for global economic growth and inflation based on information on April 4, including the “mutual” tariffs, including the further developments, except for further developments 90-day higher pause.
– CNBC’s hafkyung contributed that he reported this story