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U.S. and Europe Trade Negotiators Say Progress but No Breakthroughs

  • U.S. and EU trade negotiators met in Paris on June 4, 2025, to address a tense tariff dispute without reaching breakthroughs.
  • The dispute escalated after the U.S. raised tariffs on steel and aluminum to 50% in April, prompting the EU to prepare countermeasures.
  • The EU proposed a 'zero for zero' deal to mutually eliminate tariffs on industrial goods including autos, with negotiators describing progress as constructive.
  • Maros Šefčovič said talks are advancing ‘in the right direction at pace,’ while U.S. Trade Representative Jamieson Greer expressed optimism about the discussions.
  • Despite positive signals, officials acknowledge no substantive agreement yet, and ongoing talks remain critical amid global economic disruption from tariffs.
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Commissioner Sefcovic, who spoke with the White House's Trade Representative yesterday: "It is possible a landing area of the agreement": La Von der Leyen: "The American president must be taken very seriously but not always to the letter."Auto, in Europe Byd overtakes Tesla. Difficulty also for Mercedes, Bmw and Volkswagen. German PMI Index under estimates.The special contains two articles.Continue reading

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The Commission does not wish to respond, for the time being, to the new surcharges on steel and aluminium, which have been in force since Wednesday 4 June.

·Paris, France
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  • 38% of the sources lean Left, 38% of the sources are Center
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www.dn.no broke the news in on Tuesday, June 3, 2025.
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