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Top EU official expects Trump tariffs of about 20%, FT reports

Published by Global Banking & Finance Review

Posted on March 26, 2025

1 min read

· Last updated: January 24, 2026

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Top EU official expects Trump tariffs of about 20%, FT reports
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(Reuters) - The European Union's top trade negotiator Maroš Šefčovič expects U.S. President Donald Trump to hit the bloc with tariffs of about 20% next week, the Financial Times reported on Wednesday.

EU Official Predicts 20% Tariffs from Trump Administration

(Reuters) - The European Union's top trade negotiator Maroš Šefčovič expects U.S. President Donald Trump to hit the bloc with tariffs of about 20% next week, the Financial Times reported on Wednesday.

Šefčovič told officials Washington's final plan was still unclear but tariffs would apply equally to all 27 member states, after meeting senior administration figures on Tuesday, the newspaper said.

(Reporting by Nilutpal Timsina in Bengaluru; Editing by Chris Reese)

Key Takeaways

  • EU expects 20% tariffs from the US next week.
  • Maroš Šefčovič shared insights after meeting US officials.
  • Tariffs will affect all 27 EU member states equally.
  • The final US tariff plan remains unclear.
  • The Financial Times reported these developments.

Frequently Asked Questions

What is the main topic?
The article discusses expected 20% tariffs by the US on the EU, as predicted by EU trade negotiator Maroš Šefčovič.
Who is Maroš Šefčovič?
Maroš Šefčovič is the European Union's top trade negotiator involved in discussions with US officials regarding tariffs.
How will the tariffs affect the EU?
The tariffs are expected to apply equally to all 27 EU member states, impacting trade relations.

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