We will need to respond and restore balance in certain key sectors if the US insists on an asymmetric deal, says Stephane Sejourne, the EU's industry commissioner to the news agency Bloomberg.
This applies, for example, if the negotiations end in a deal where the US's 10-percent tariffs remain, according to Sejourne.
The negotiations between the EU and the US on tariffs and other trade barriers are in a decisive phase since Donald Trump threatened to raise tariffs on all EU goods to 50 percent on July 9 if no deal has been reached by then.
According to the EU, the Trump administration's existing tariffs – in addition to general tariffs on sectors such as cars, car parts, steel, and aluminum – affect EU exports to the US worth 380 billion euro or 70 percent of the total EU exports to the US.
The negotiations between the Trump administration and the EU Commission have gained momentum this summer and the EU is doing everything to get a deal that benefits both sides, according to an EU source.
Last week, the EU Commission told representatives of the EU's member states that the US was aiming for a deal where the EU would be hit harder than the US.
