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EU official says bloc to explore Asia pacts as US tariffs loom

Aaron Clark and Shery Ahn / Bloomberg
Aaron Clark and Shery Ahn / Bloomberg • 3 min read
EU official says bloc to explore Asia pacts as US tariffs loom
Other EU complaints include fresh export controls by China on rare earth magnets that have hit European industries. Photo: Bloomberg
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The European Union (EU) is looking to deepen trade agreements with India and other countries in the Asia-Pacific region as the bloc braces for US tariffs, a top official said.

“We need to explore how far, how deep we can go in the Pacific area with other countries,” EU competition chief Teresa Ribera said on Bloomberg TV on Monday. “For instance, these conversations that are ongoing with India are quite important,” she said, referring to free-trade talks with the South Asian nation expected to be completed by year’s end.

Ribera’s meeting comes as Trump ramps up pressure on trading partners in the final weeks of negotiations ahead of his so-called reciprocal tariffs. While she suggested the EU will keep negotiating, the bloc will work harder to sell its wares to other places if the tariffs become a reality.

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