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Home Business

EU trade commissioner discusses critical minerals, tariffs with US

by News Wires
March 28, 2026
in Business, World
EU, trade, US
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The European Union’s trade commissioner said on Saturday he held a “very ​positive” meeting with US Trade Representative Jamieson Greer on ‌the sidelines of the World Trade Organisation ministerial meeting in Cameroon.

“We agreed with the United States to further advance work on critical minerals,” commissioner ​Maros Sefcovic said, adding that tariffs were also discussed.

EU lawmakers ​advanced legislation on Thursday to fulfil the bloc’s side ⁠of its trade agreement struck with the US in Turnbrerry, Scotland, ​last July, after months of uncertainty over President Donald Trump’s tariff ​threats and new import levy.

Safeguards were ⁠added, reflecting concerns that Washington may not stick to the deal.

The U.S. struck am agreement with the EU to impose 15% import tariff ​on most ​EU goods – half the threatened rate – ​and averted a bigger trade ‌war between the two allies that account for almost a third of global trade.

Sefcovic said the vote and the positive meeting with Greer were important.

“It demonstrates on both sides, despite turbulences on the global stage, and that we are sticking to the agreement.”

The U.S. is ‌the EU’s largest trading partner, with ​EU exports to the U.S. reaching a ​record 555 billion euros ($641 ​billion) in 2025.

Sefcovic said the EU is also looking ‌to other trading partners.

“Our agenda ​for the future ​will be working as much as possible with all the partners who want to have a free trade agreement with us … ​and of course ‌to lower tariffs with the partners with whom we are ​already trading,” he said.

Tags: EUtrade
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