EU Trade Chief Heads to Washington in Search of Tariffs Solution

EU trade chief Maros Sefcovic will head to Washington on Wednesday for tariff talks, an EU spokesperson told Reuters, adding that he will meet U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer.

President Donald Trump has threatened a 30% tariff on imports from the EU from August 1, a level Europe says is unacceptable and would end normal trade between two of the world's largest markets.

ASML, the world's biggest supplier of computer chip-making equipment, warned on Wednesday that uncertainty in tariff negotiations...

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