A New Dawn in EU-US Trade Relations
French President Emmanuel Macron announced a positive exchange between European Commission President Ursula von der Leyen and U.S. President Donald Trump regarding trade tariffs. A telephone call between Trump and von der Leyen has reinvigorated trade talks, leading to the withdrawal of a proposed 50% tariff by the U.S.
French President Emmanuel Macron confirmed on Monday that European Commission President Ursula von der Leyen and U.S. President Donald Trump had a productive discussion regarding trade tariffs. Macron expressed optimism that negotiations could lead to minimized tariffs.
Speaking in Vietnam, Macron emphasized that tariffs are not the right solution for addressing trade imbalances. He highlighted the recent advancements in conversations between Trump and von der Leyen, hoping for a return to lower tariffs that foster mutually beneficial exchanges.
This dialogue received a boost after a weekend phone call between Trump and von der Leyen, leading Trump to withdraw his plan to impose a 50% tariff on EU imports next month. The EU spokesperson noted that von der Leyen initiated the call, which reinstated the July 9 deadline for reaching an agreement.
(With inputs from agencies.)
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