Us And Europe Trade Negotiators Discuss Tariffs In Paris

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us and europe trade negotiators discuss tariffs in paris

Europe and the United States are meeting in Paris to negotiate a settlement of a tense tariff spat with global economic ramifications between two global economic powerhouses.

The European Union's top trade negotiator, Maro efcovic, met Wednesday with his American counterpart, U.S. Trade Representative Jamieson Greer, on the sidelines of a meeting of the Organization for Economic Cooperation and Development.

"We're advancing in the right direction at pace - and staying in close contact to maintain the momentum," efcovic posted on social media platform X alongside a photo of him shaking hands with Greer.

Brussels and Washington are unlikely to reach a substantive trade agreement in Paris. The issues dividing them are too difficult to resolve quickly.

President Donald Trump regularly fumes about America's persistent trade deficit with the European Union, which was a record 161 billion last year, according to the U.S. Commerce Department.