I welcome President Trumps announcement to pause reciprocal tariffs. This is an important step towards stabilizing the global economy.

Clear and predictable conditions are essential for trade and supply chains.

Tariffs are taxes that harm businesses and consumers. Thats why I consistently advocate for a zero-tariff agreement between the European Union and the United States.

The European Union remains committed to constructive negotiations with the United States, aiming for frictionless and mutually beneficial trade.

Meanwhile, Europe continues to focus on diversifying its trade partnerships, engaging with countries that account for 87% of global trade and share our commitment to free and open exchange of goods, services, and ideas.

Finally, we are stepping up efforts to remove barriers within our own single market. This crisis has made one thing clear: in times of uncertainty, the single market is our anchor of stability and resilience.

My team and I will continue to work tirelessly to protect European consumers, workers, and businesses. Together, Europeans will emerge stronger from this crisis.