• 2026.03.22 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

EU Pushes US for Broader Tariff Exemptions on Key Goods

Yim Kwangsoo Correspondent / Updated : 2025-11-23 17:14:29
  • -
  • +
  • Print


 (C) Aerodoc


Brussels/Berlin – The European Union (EU) is set to intensify its trade negotiations with the United States, demanding further tariff exemptions on a vast array of consumer and industrial products, including staple European exports like pasta, cheese, and wine. This move comes as several critical European sectors face severe financial penalties and the threat of market withdrawal from the lucrative US market.

The EU's bid to expand the list of exempted items will be formally presented by the European Commission to top US officials—Secretary of Commerce Howard Lutnick and US Trade Representative (USTR) Jamieson Greer—during their visit to Brussels on November 24th. The proposed list of goods demanding tariff relief spans dozens of categories.

A Push for European Staples 

Beyond food and beverage essentials such as distilled spirits, olive oil, pasta, cheese, and wine, the comprehensive list includes a variety of manufactured and luxury items. These range from sunglasses and diamonds to essential industrial components like tools, ship engine parts, industrial robots, textiles, footwear, and hats.

This renewed push by the EU's executive body reflects strong domestic pressure from member states, many of whom are lobbying fiercely to protect their principal export industries. While the US and EU had previously agreed in July to apply a 15% tariff on EU imports, several key sectors—specifically aircraft and parts, generic drugs, and semiconductor manufacturing equipment—were granted exemptions. However, several EU member nations feel their core exports were unfairly excluded from this initial relief.

Italian Pasta Faces Exorbitant Tariffs 

One of the most immediate and urgent concerns highlighted by the EU is the impending tariff crisis for Italian pasta. Italy, which accounts for a dominant 69% of the EU's total pasta production and is the world's second-largest producer after the US, is on the brink of being effectively shut out of the US market.

The US Department of Commerce has announced its intention to impose a devastating 91.74% anti-dumping duty starting in January of next year on products from 13 specific Italian pasta manufacturers. Combined with existing duties, this could push the total tariff rate to well over 100%, making Italian pasta economically unviable for US import.

Tariff Dynamics Amid US Policy Shifts 

The timing of the EU's additional request is strategically placed amidst a recent shift in US tariff policy. President Donald Trump recently announced a withdrawal of some tariffs, citing the need to alleviate pressure on US consumers' grocery bills. On November 14th, the President removed several key items from reciprocal tariffs, including beef, coffee, tomatoes, nuts, spices, bananas, and pineapples.

The European Union appears to be leveraging this recent policy pivot—which saw US trade relief granted to several agricultural commodities—to argue for similar exemptions on their high-value, culturally significant exports. The broader goal is to maintain the flow of European goods, stabilize transatlantic trade, and protect industries that employ millions across the continent from the severe competitive disadvantage imposed by the current tariff structure.

The outcome of the November 24th meeting will be a crucial indicator of the trajectory of US-EU trade relations and whether key European products will continue to face exorbitant costs in the American market.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Samsung
  • #Daewoo
  • #Hyosung
  • #A
Yim Kwangsoo Correspondent
Yim Kwangsoo Correspondent

Popular articles

  • The Structural Pivot of the Semiconductor Era: Samsung and SK hynix Accelerate Expansion Amidst Chronic D-RAM Shortages

  • Blizzard Bets Big on 'World of Warcraft: Midnight' – The 11th Expansion Set to Redefine the Franchise

  • 10-Year-Old Boy Wins Lawsuit Against Father Who Used $12,000 Lunar New Year Gift for Remarriage

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065600767225444 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year
  • HP Targets Korea as Strategic Hub for 'Edge AI' Expansion, Seeking Startup Partnerships
  • Pearl Abyss’s 'Crimson Desert' Shatters Records with 2 Million Copies Sold on Day One
  • "BTS Over Books?" Indian Academies Issue Emergency Notices as Students Plot Mass Absences for Comeback Live
  • Naver to Shut Down Men's Fashion Service 'MR.' to Launch Expanded AI-Driven Fashion Platform
  • JBNU and SKKU Researchers Achieve Breakthrough in "Dream Material" MXene, Setting New World Records in Performance

Most Viewed

1
An Open Letter to BTS On the Eve of a Historic Performance
2
From Industrial Capital to Tourism Mecca... Ulsan Makes a Bold Move with ‘Experiential Content’ in 2026
3
Ko Sang-goo, President of World Federation of Korean Associations, Elected as First Private Sector Chair of World Korean Community Leaders Convention
4
It is Time for BTS’s Fandom, ARMY, to Step Forward
5
Korean Stock Market Plunges: Circuit Breaker and Sidecar Triggered Amid Geopolitical Crisis
광고문의
임시1
임시3
임시2

Hot Issue

Vishay Unveils Ultra-Compact 0404 RGB LED with Independent Chip Control for Enhanced Color Precision

Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year

AI Medical Ecosystem in Focus: KIMES 2026 Opens in Seoul as Global Healthcare Hub

Netanyahu Declares Decisive Blow to Iran’s Nuclear and Missile Programs, Signals Early End to War

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers