Finance

EU trade chief says he held another call with US's Lutnick

Published by Global Banking & Finance Review

Posted on May 30, 2025

1 min read

· Last updated: January 23, 2026

Add as preferred source on Google
EU trade chief says he held another call with US's Lutnick
Global Banking & Finance Awards 2026 — Call for Entries

BRUSSELS (Reuters) - European Union Trade Commissioner Maros Sefcovic said on Friday that he had another call with U.S. Trade Secretary Howard Lutnick, as the EU and U.S. continue efforts to reach a

EU Trade Chief Discusses Ongoing Talks with US Secretary Lutnick

BRUSSELS (Reuters) -European Union Trade Commissioner Maros Sefcovic said on Friday that he had held another call with U.S. Commerce Secretary Howard Lutnick, as the EU and the United States continue efforts to reach a deal on tariffs.

"Another call with U.S. Secretary @howardlutnick. Our time and effort fully invested, as delivering forward-looking solutions remains a top EU priority. Staying in permanent contact," wrote Sefcovic on X.

The EU wants to see an end to 25% tariffs on steel and cars and for Trump to drop his so-called "reciprocal" tariff, which was provisionally set at 20% for the EU but is being held at 10% during a 90-day pause until July.

Sefcovic said earlier this week in Dubai that the European Commission was in talks with Washington on possible cooperation in sectors such as aerospace, steel, semiconductors and critical minerals.

(Reporting by Sudip Kar-Gupta, Editing by Charlotte Van Campenhout and Tomasz Janowski)

Key Takeaways

  • EU Trade Chief held another call with US Commerce Secretary.
  • Discussions focus on resolving tariffs on steel and cars.
  • EU aims to end 25% tariffs and Trump's 'reciprocal' tariff.
  • Talks include potential cooperation in aerospace and semiconductors.
  • EU prioritizes forward-looking solutions in trade discussions.

Frequently Asked Questions

What did EU Trade Commissioner Maros Sefcovic discuss with US Secretary Lutnick?
Sefcovic mentioned that he held another call with U.S. Commerce Secretary Howard Lutnick, emphasizing the EU's commitment to finding forward-looking solutions.
What tariffs is the EU seeking to end?
The EU is aiming to eliminate the 25% tariffs on steel and cars, as well as the 20% 'reciprocal' tariff that was provisionally set for the EU.
What sectors is the European Commission discussing for cooperation with Washington?
The European Commission is in talks with Washington about possible cooperation in sectors such as aerospace, steel, semiconductors, and critical minerals.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category