EU and U.S. Engage in Crucial Tariff Negotiations
European Trade Commissioner Maros Sefcovic is set to visit Washington for talks with U.S. officials to negotiate a deal on tariffs. This comes after U.S. President Donald Trump announced a reduction in duties. The discussions aim to progress towards easing trade tensions between the U.S. and the EU.
European Trade Commissioner Maros Sefcovic is traveling to Washington for crucial discussions with U.S. officials, aiming to broker a deal on tariffs, as confirmed by an EU representative.
The development follows President Donald Trump's recent announcement to lower tariffs on the EU and other nations. This prompted the EU to pause its planned counter-tariffs. EU Commission trade spokesperson Olof Gill emphasized the significance of Sefcovic's mission to formalize agreements.
The EU remains open to dialogue, despite unclear U.S. expectations. The pause in tariffs opens the possibility for real progress, signaling a hopeful direction for easing trade tensions.
(With inputs from agencies.)
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