• EU Trade Commissioner Maroš Šefčović rejected a confrontational course towards the US in the tariff dispute, calling for adherence to the Turnberry agreement.
  • Šefčović stated that Trump’s July 4 deadline does not create additional pressure on the EU as it fits existing negotiation timelines.
  • The EU will not accept additional 25% tariffs on cars and trucks, only the agreed 15%, siding with German Chancellor Merz.
  • Šefčović warned that failure of the deal would endanger 54,000 jobs in the German automotive industry.
  • Negotiations between the Commission, Council and Parliament are expected to be concluded by June.