Bridging Transatlantic Trade and Defense

U.S. Vice President JD Vance stated on Wednesday that discussions between the United States and Europe are currently underway, with Washington urging the European Union to lower its tariffs and regulatory hurdles to enhance the trading relationship.

Speaking at a Munich Security Conference event in Washington, Vance expressed support for Europe's efforts to bolster its defense capabilities. However, he underscored the importance of allowing U.S. arms manufacturers greater participation in these developments.

(With inputs from agencies.)