TechFlow, according to Jinshi Data, EU Trade Commissioner Sevcovic stated on the 4th local time that he held constructive talks with U.S. Trade Representative Grillo that day. Regarding the tariff negotiations with the Trump administration, Sevcovic said both sides are making steady progress in the right direction. On June 2nd local time, a spokesperson for the European Commission expressed deep regret over the U.S. announcement to raise tariffs on steel and aluminum from 25% to 50%, noting that this decision further intensifies economic uncertainty across the Atlantic. The spokesperson said negotiations continue—both parties have agreed to accelerate the negotiation process.
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