US and EU Break Impasse to Enable Tariff Talks
- The US and the 27-member EU broke a deadlock in recent days by exchanging negotiating documents to start trade talks addressing tariffs and trade rules.
- The talks follow US frustration with the EU's delayed written proposals and stem from concerns over tariffs, digital regulations, VAT, and trade deficits.
- During negotiations, the EU paused €21 billion in retaliatory tariffs while discussing issues such as steel, cars, Boeing aircraft, and US demands to scrap VAT.
- EU official Sabine Weyand emphasized the need for the bloc to proceed cautiously rather than seeking immediate gains, noting that certain US tariffs are likely to stay in place, particularly those targeting steel and automobile manufacturing sectors.
- The talks aim to prevent a full renewal of US tariffs, but EU leaders warn they will respond with countermeasures if an unsatisfactory deal emerges.
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US and EU break impasse to enable tariff talks
Brussels shares negotiating document with Washington after weeks of deadlock
·London, United Kingdom
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Leaning Left2Leaning Right2Center1Last UpdatedBias Distribution40% Left, 40% Right
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- 40% of the sources lean Left, 40% of the sources lean Right
40% Right
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C 20%
R 40%
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