US and EU break impasse to enable tariff talks

The US and EU have initiated crucial trade discussions to mitigate the impact of Donald Trump’s tariffs, exchanging negotiating documents that cover tariffs, digital trade, and investment opportunities. EU trade officials, including Sabine Weyand and Maroš Šefčovič, are advocating for a cautious approach while addressing US demands, particularly concerning agricultural products and pharmaceutical regulations. Despite the EU’s openness to reduce reliance on China, it firmly opposes US requests to alter VAT and digital regulations, with the EU’s retaliatory tariffs paused during negotiations.

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