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EU trade chief Sefcovic: Europe ready to make Trump a 50 billion euros offer, FT reports

ReutersMay 1, 2025 7:00 PM

- European Trade Commissioner Maros Sefcovic said Brussels wants to increase purchases of goods from United States by 50 billion euros ($56.46 billion) to address a "problem" in the trade relationship, adding the bloc is making "certain progress" towards striking a deal, the Financial Times reported on Thursday.

Sefcovic in an interview with the newspaper suggested the bloc would not accept Washington keeping in place 10% tariffs on its goods as a fair resolution to trade talks.

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