Maros Sefcovic, Director of Trade and Economic Security of Europe; on May 7, 2025, a reporter spoke in Singapore, a landmark program that strengthened digital economic cooperation between the EU and Singapore, a reporter spoke in Singapore.
Roslan Rahman | AFP | Getty Images
European Trade Commissioner Maros Sefcovic said on Wednesday that the EU’s administration will announce further details of its proposed countermeasures on U.S. tariffs in an update on Thursday.
“Tomorrow we will announce the next preparation step, including in the (possible rebalancing measures) area, and also an area important for further discussion,” Sevkovic said at a press conference in Singapore.
Sevkovic said if Current trade negotiations fail.
“The negotiations are obviously the first to come, but at all costs,” he told reporters, adding that the group’s “Razel-centric approach” is still finding a negotiated solution with Washington.
“We are working closely with Member States, the consulting industry, to talk with our key stakeholders to ensure we are ready for anything next,” Sevkovic said.
Trump initially imposed a 20% “countdown” tariff on all goods from the EU, but April 9 pause Conduct 90 days of negotiation measures until that time reduces responsibilities to 10%. Tariffs on foreign automobiles and steel and aluminum imports remain.
The EU currently has pause Its initial series of retaliation measures (response to metal taxes) targets approximately 21 billion euros ($24.1 billion) of U.S. goods, with a major tariff rate of 25%.




