Top EU official expects Trump tariff of about 20%

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The EU’s top trade negotiator expects Donald Trump to hit the bloc with tariffs of about 20 per cent next week as the US president takes aggressive steps to cut trade deficits.

Maroš Šefčovič, the EU trade commissioner, told officials that Washington’s final plan was still unclear but that tariffs would apply equally to all 27 member states after meeting senior administration figures on Tuesday.

Two people said the Slovak suggested, based on his own assessment following his talks in Washington, that the tariffs would be “in the realm of 20 per cent”. The US gave no indication there would be any exemptions or exceptions.

Šefčovič warned American officials that a tariff of 20 per cent on imports from the EU would be “devastating” for the bloc, according to the first official briefed on the talks. The US tariff level would be higher that at any stage since the EU’s founding members launched a common trade policy in late 1950s.

Sefcovic this week met US commerce secretary Howard Lutnick, trade representative Jamieson Greer and Kevin Hassett, director of the National Economic Council, in a last-ditch attempt to prevent an all-out transatlantic trade war.

Trump’s trade policy rollout has been chaotic and marked by a series of reversals and U-turns, making it hard for trading partners to predict.

But EU officials said the US side was unwavering in its determination to apply tariffs and relentless raising complaints about EU trade policies in the meetings with Šefčovič. Trump has claimed the bloc was set up to “screw the US” and did not buy enough American goods.

He has dubbed April 2 “Liberation Day” saying he would put “reciprocal” tariffs on trading partners who had taken advantage of low US trade barriers to flood its market.

A White House official said “no final decisions have been made” on what the reciprocal tariff rates will be for US trading partners.

Sefcovic said after the meeting that the “hard work goes on”. He posted on X: “The EU’s priority is a fair, balanced deal instead of unjustified tariffs. We share the goal of industrial strength on both sides.”

EU officials concede that the US is in no mood to change policy. The justification for the tariffs and the level was still unclear, they said.

Sefcovic had hoped to convince his counterparts that they had a mutual interest in re-industrialising and defending their markets from cheap Chinese imports.

Brussels has begun to prepare a second tranche of retaliatory tariffs should Trump confirm additional duties next week. The EU has already drawn up a €26bn package after the US hit all steel and aluminium that will apply from April 12.

Some of the tariffs have been postponed from April 1 after member states feared an even tougher response from Washington. France convinced Brussels to delay levies of 50 per cent on bourbon whiskey after Trump said he would hit champagne and wine with 200 per cent tariffs in return.

US officials had not decided which tariffs would apply on April 2 and which legal tools to use to levy them, people familiar with the conversations said.