Overview

• EU Trade Commissioner Maros Sefcovic is meeting with U.S. officials in Washington to discuss resolving the ongoing trade dispute.
• The U.S. has imposed 25% tariffs on steel and aluminum imports, affecting $28 billion in EU exports.
• The EU has postponed retaliatory tariffs on U.S. goods, initially planned for early April, to mid-April to allow more time for negotiations.
• President Trump has threatened additional tariffs, including a 200% levy on EU alcoholic beverages and potential measures targeting automobiles.
• EU member states, particularly France, Spain, and Italy, are urging caution due to the potential economic impact on their wine and spirits industries.