The European Union has paused its countermeasures on unjustified US trade tariffs to allow time and space for EU-US negotiations.&nbsp;

The decision – which puts on hold for up to 90 days the EU's&nbsp;planned countermeasures&nbsp;against US tariffs on EU steel and aluminium imports - was made in response to the US delaying by 90 days its so-called reciprocal tariffs.&nbsp; In total, the suspended EU countermeasures cover €21 billion of US exports.&nbsp;

As part of the EU's push to find a negotiated outcome with the US, EU Trade Commissioner&nbsp;Maroš&nbsp;Šefčovič was&nbsp;in Washington DC to hold meetings with his US counterparts in order to explore the ground for a negotiated solution.&nbsp;&nbsp; According to the Commission, the EU has a €154 billion trade surplus in goods with the US, while the US maintains a €104 billion surplus in services with the EU, resulting in an overall EU trade surplus of three percent from a total €1.5 trillion trade flow. In 2023, the US was the largest partner for EU exports of goods and the second largest partner for EU imports of goods.

EU - USA

The European Union and the United States have the largest bilateral trade and investment relationship and enjoy the most integrated economic relationship in the world. EU and US investments are the real driver of the transatlantic relationship, contributing to growth and jobs on both sides of the Atlantic.

Although overtaken by China in 2021 as the largest EU import source for goods, the US remains the EU’s largest trade and investment partner by far. It is estimated that a third of the trade across the Atlantic actually consists of intra-company transfers.

The transatlantic relationship also defines the shape of the global economy as a whole. Either the EU or the US is the largest trade and investment partner for almost all other countries in the global economy. Taken together, the economies of both territories amount to more than 40% of world GDP and more than 40% of global trade in goods and services.

In June 2021 both entities agreed to take decisive steps to end the longest running dispute in the history of the World trade organisation: dispute on Large Civil Aircraft (also known as Airbus-Boeing dispute).

See more on the topic of EU-US trade relations by visiting our package for the 8th parliamentary term.

EU - US Trade relations

Diplomatic relations between the EU and the U.S. date back to 1953.

 
The relationship between the EU and the United States is one of the most important bilateral relationships in the world. The EU and U.S. are the biggest economic and military powers in the world, dominate global trade, play the leading roles in international political relations.

EU - USA - 8th Parliamentary term

This package contains the events of 2019 and 2020. For latest events, see related links.

Diplomatic relations between the EU and the U.S. date back to 1953. 
The relationship between the EU and the United States is one of the most important bilateral relationships in the world. The EU and U.S. are the biggest economic and military powers in the world, dominate global trade, play the leading roles in international political relations.

EU - USA (2019-2020)

President Metsola participates in a Fireside Chat with Business Representatives at the European American Chamber of Commerce. She then delivers a Keynote Speech at the US Council on Foreign Relations. Then the President meets with the Clinton Foundation and then with  the leadership of the NY Stock Exchange.

Roberta METSOLA, EP President, official visit to New York (United States)

The President of the European Parliament, Roberta METSOLA, visits Dayton, Ohio (USA) on Saturday 24 and Sunday 25 May to participate in the NATO Parliamentary Assembly meeting. On Saturday she delivers a high-level speech at the Dayton Dialogues followed by a Q&A moderated by the CEO and President of the Atlantic Council, Fred Kempe; while on Sunday she gives a high-level speech at the NATO Parliamentary Assembly.

EP President Roberta METSOLA participates in the NATO Parliamentary Assembly

MEPs discuss with the Commission and the Council a unified EU response to US trade measures, and global trade opportunities for the EU.

The debate in Parliament follows the global reaction to the US government’s decision to increase existing tariffs and impose new ones – and its subsequent postponement of their imposition.

MEPs consider the countermeasures adopted by the EU – which were later suspended as well. Plenary will also review EU trade opportunities elsewhere in the world. The EU has concluded deals with a number of countries and regional groupings, and talks are ongoing on several more potential trade deals.

Unified response to US trade measures

Statements of the members of INTA Delegation to the US

MEPs review the new US administration’s recent decision to pull back from a number of international organisations and agreements.

Following his inauguration on 20 January 2025, President Trump signed a large number of executive orders setting the priorities of the new US administration, including the country’s withdrawal from the World Health Organisation (WHO) and the Paris Agreement on climate change mitigation. Alongside Commission representatives, MEPs will discuss the impact of these decisions internationally and on the EU’s future involvement in these global initiatives.

Background

This is the second time the US has initiated the process of withdrawing from both the WHO and Paris Agreement.

During the first Trump administration (2017-2021), the US gave formal notice of withdrawal from the Paris Agreement in November 2019 (which then took 12 months to take effect). Shortly after taking office, President Biden revoked the decision, with the US formally rejoining the agreement in February 2021. President Trump also started the withdrawal process from the WHO in 2020, but it was never finalised and the decision was reversed by the Biden administration.

Debate on the US withdrawal from the Paris Climate Agreement, WHO and USaid

MEPs assess the current state of EU-US trade relations, multilateralism and the EU’s potential responses if the US imposes tariffs on European products.

US President Donald Trump has stated that he would “absolutely” introduce tariffs targeting the EU, citing grievances over EU action against US tech firms and a trade deficit in goods. He also threatened to use tariffs to pressure Denmark into handing over Greenland. President Trump recently announced a 25 percent tariff on goods from Canada and Mexico, which he later delayed by a month, as well as a 10 percent tariff on imports from China.

Parliament is committed to multilateralism and has called for the urgent reform of the World Trade Organisation (WTO). Leading MEPs recently said it is “imperative for the US and the EU to work closely together to defend multilateralism and the rules-based international order”. Meanwhile, the EU has strengthened the tools at its disposal to protect EU trade, which now include the Anti-Coercion Instrument designed to enable the EU to respond, as a last resort, to economic blackmail from a foreign country.

According to the Commission, the EU has a €154 billion trade surplus in goods with the US, while the US maintains a €104 billion surplus in services with the EU, resulting in an overall EU trade surplus of three percent from a total €1.5 trillion trade flow. In 2023, the US was the largest partner for EU exports of goods and the second largest partner for EU imports of goods.

Debate on the  tariff threats from the Trump administration

The day after Donald Trump’s inauguration on  20 January, MEPs discuss the implications of his second term for transatlantic relations, with representatives from the Polish Council Presidency and the Commission . The debate is expected to focus on support for Ukraine, relations with Russia, China, the Middle East, climate change, and trade. MEPs are also expected to bring up  security issues, in light of Donald Trump’s repeated demands that Europe spend more on defence. Speaking in the Committee on Foreign Affairs recently, NATO Secretary-General Mark Rutte warned MEPs that “NATO’s current two percent defence spending target is not nearly enough (...) to stay safe.”

Debate on the geopolitical and economic implications under Trump administration

Following the 2024 U.S. presidential election, which sees Donald Trump and JD Vance defeating Kamala Harris and Tim Walz, the European Parliament debates the future of EU-U.S. relations under the new administration. With Trump set to be inaugurated in January 2025, MEPs assess how this shift affects shared priorities. As the EU seeks stable transatlantic relations, MEPs consider how to engage with the new administration to address challenges and leverage opportunities for both regions.

EU-US relations in the light of the outcome of the US presidential elections

Sophie WILMES meets with a delegation of the US Congress

IMCO - State of play of the ongoing negotiations of the EU with the US and potential impacts on the Single Market

INTA - State of play of EU-US trade relations

EP Plenary session - EU-US trade negotiations

Press conference  on the EU-US trade negotiations

Annual Gala 2025 of the American Chamber of Commerce to the European Union - Keynote speech by Roberta METSOLA, EP President

Official visit by Roberta METSOLA, EP President, to New York (United States)

Roberta METSOLA, EP President meets with the US Chamber of Commerce delegation

MEPs assess the latest developments in EU-US trade relations with Trade Commissioner Maroš Šefčovič and Danish Minister Marie Bjerre for the Council during the plenary session in Strasbourg. Council and Commission are seeking a negotiated solution with the US to restore stability and predictability in transatlantic trade relations, but has also prepared for potential countermeasures if no agreement is reached. They are also pursuing trade diversification by negotiating new agreements with other partners like Mercosur, Mexico, and others. Closing statement by Marie BJERRE, Danish Minister for European Affairs.

Council and Commission statements - EU-US trade negotiations: Closing statement by Marie BJERRE, Danish Minister for European Affairs

MEPs assess the latest developments in EU-US trade relations with Trade Commissioner Maroš Šefčovič and Danish Minister Marie Bjerre for the Council during the plenary session in Strasbourg. Council and Commission are seeking a negotiated solution with the US to restore stability and predictability in transatlantic trade relations, but has also prepared for potential countermeasures if no agreement is reached. They are also pursuing trade diversification by negotiating new agreements with other partners like Mercosur, Mexico, and others. Closing statement by Maroš ŠEFČOVIČ, European Commissioner for Trade and Economic Security, and European Commissioner for Interinstitutional Relations and Transparency.

Council and Commission statements - EU-US trade negotiations: Closing statement by Maroš ŠEFČOVIČ, European Commissioner for Trade and Economic Security, and European Commissioner for Interinstitutional Relations and Transparency

MEPs assess the latest developments in EU-US trade relations with Trade Commissioner Maroš Šefčovič and Danish Minister Marie Bjerre for the Council during the plenary session in Strasbourg. Council and Commission are seeking a negotiated solution with the US to restore stability and predictability in transatlantic trade relations, but has also prepared for potential countermeasures if no agreement is reached. They are also pursuing trade diversification by negotiating new agreements with other partners like Mercosur, Mexico, and others. Second part of MEPs debate.

Council and Commission statements - EU-US trade negotiations: MEPs debate part 2

MEPs assess the latest developments in EU-US trade relations with Trade Commissioner Maroš Šefčovič and Danish Minister Marie Bjerre for the Council during the plenary session in Strasbourg. Council and Commission are seeking a negotiated solution with the US to restore stability and predictability in transatlantic trade relations, but has also prepared for potential countermeasures if no agreement is reached. They are also pursuing trade diversification by negotiating new agreements with other partners like Mercosur, Mexico, and others. First part of MEPs debate.

Council and Commission statements - EU-US trade negotiations: MEPs debate part 1

MEPs assess the latest developments in EU-US trade relations with Trade Commissioner Maroš Šefčovič and Danish Minister Marie Bjerre for the Council during the plenary session in Strasbourg. The EU is seeking a negotiated solution with the US to restore stability and predictability in transatlantic trade relations. The EU is engaging constructively with the US, but has also prepared for potential countermeasures if no agreement is reached. Opening statement by Maroš ŠEFČOVIČ, European Commissioner for Trade and Economic Security, and for Interinstitutional Relations and Transparency. This transcription is a result of an automatic process. Please check against delivery.

Council and Commission statements - EU-US trade negotiations: opening statement by Maroš ŠEFČOVIČ, European Commissioner for Trade and Economic Security, and for Interinstitutional Relations and Transparency

MEPs assess the latest developments in EU-US trade relations with Trade Commissioner Maroš Šefčovič and Danish Minister Marie Bjerre for the Council during the plenary session in Strasbourg. The EU is seeking a negotiated solution with the US to restore stability and predictability in transatlantic trade relations, but has also prepared for potential countermeasures if no agreement is reached. Opening statement by Marie BJERRE, Danish Minister for European Affairs. This transcription is a result of an automatic process. Please check against delivery.

Council and Commission statements - EU-US trade negotiations: Opening statement by Marie BJERRE, Danish Minister for European Affairs

Bernd LANGE (S&D, DE), Chair of the International Trade Committee, holds a press conference on the EU-US trade negotiations. The European Union is facing tariffs from the United States, including 50% on steel and aluminum products, 25% on cars and car parts, and potential tariffs on other products. The EU is in negotiations with the US to try to find a solution and framework agreement to withdraw these tariffs. Key issues under discussion include the need for a significant reduction in tariffs during the negotiation period and a standstill clause to prevent further tariff increases. The EU has countermeasures ready but is hoping to reach an understanding with the US soon, as these sectoral tariffs are harming the EU's industrial development.This transcript is the result of an automated process. Please check against delivery.

Press Conference by Bernd LANGE (S&D, DE), Chair of the International Trade Committee, on the EU-US trade negotiations

Roberta METSOLA, President of the European Parliament participates to the Annual Gala 2025 at the American Chamber of Commerce to the European Union and gives a keynote speech. This transcription is a result of an automatic process. Please check against delivery.

EU - USA (T)

Videos

Photos

Photosets

Topics

Events

Media published for this tag

5

Topics

221

Videos

161

Photosets

3,481

Photos

8

Events