US and EU Initiate Trade Talks Amid Tariff Strains
In a significant development, the United States and the European Union have broken a previous impasse, enabling tariff discussions aimed at curbing the ongoing trade war. Both parties have exchanged negotiating documents covering tariffs, digital trade, and investments. The EU is preparing a comprehensive trade proposal, but officials express skepticism about fully eliminating US tariffs. EU leaders remain optimistic about securing a deal similar to those achieved with China and the UK, although they brace for a lengthy negotiation process. Amid these discussions, there are calls for the EU to delay retaliation responses to avoid tension at upcoming NATO summits.
Financial Times, DW, Euronews.com, WSJ, Reuters, politico.eu, Bloomberg.com, Bruegel, Αθηναϊκό Πρακτορείο Ειδήσεων, Eunews