EU and US approaching a good trade deal, EU commissioner says

OECD 2025 Ministerial Council Meeting in Paris

BRUSSELS (Reuters) -The European Union and United States are approaching a good outcome for both sides in their trade talks, EU trade commissioner Maros Sefcovic said on Monday.

“The feeling on our side was that we are very close to an agreement,” Sefcovic said before a meeting with EU trade ministers in Brussels, adding that the 30% tariff U.S. President Trump has threatened to impose on the EU would practically eliminate trade.

(Reporting by Phil Blenkinsop and Milan Strahm, writing by Bart Meijer; Editing by Kirsten Donovan)