The European Union is prepared to finalize a €50 billion trade agreement with the United States, aiming to narrow the transatlantic trade gap, according to European Commissioner for Trade and Economic Security Maros Sefcovic. The deal would include a significant increase in imports of American liquefied natural gas (LNG) and agricultural goods such as soybeans.

Sefcovic stated that the EU’s existing €50 billion trade deficit with the U.S. could be addressed "very quickly" through expanded purchases of U.S. energy and farm products. However, he made it clear that Brussels would not accept the retention of the current 10% tariff on European exports as part of any future agreement.

"We are ready to act quickly on trade," Sefcovic said, emphasizing the bloc’s interest in strengthening economic ties with Washington. At the same time, he signaled that the EU would not hesitate to deliver a "robust response" if the United States were to reinstate reciprocal tariffs against European goods.

The EU’s position reflects a balancing act—seeking deeper trade ties with the U.S. while drawing a firm line against protectionist measures. The rejection of continued tariffs is likely to be a key sticking point in future negotiations, especially as the U.S. administration evaluates its own trade policy priorities.

With both sides showing interest in resolving trade imbalances, the stage appears set for high-level talks. However, the outcome will hinge on Washington’s willingness to drop existing tariffs and embrace mutual concessions. Analysts expect intense discussions in the coming weeks as both parties seek to secure strategic economic benefits without compromising on core demands.