European Union (EU) Trade Commissioner Maros Sefcovic said on Tuesday that they have “proposed 0 for 0 tariffs on industrial goods.” Key takeaways Accelerating trade talks with India among others. Another €170B US-exports may be impacted by tariffs. Ready to use all available tools in trade defence. Market reaction EUR/USD is building on its upbeat momentum following these comments and was last seen adding 0.27% on the day at 1.1344. Source: https://www.fxstreet.com/news/eus-sefcovic-proposed-0-for-0-tariffs-on-industrial-goods-202505060756