US, EU Begin Crucial Trade Talks to Ease Tariffs | JQJO

The US and EU have initiated trade talks to mitigate the impact of Trump-era tariffs. Initial document exchanges have occurred, focusing on tariffs, digital trade, and investment. While the EU aims for calm negotiations, some US tariffs, particularly on steel and cars, are expected to remain. The EU seeks to reduce the trade deficit by increasing US gas, weapons, and agricultural imports, but rejects US demands on VAT and digital regulations. The US-UK trade deal isn't a model for EU negotiations, with the EU threatening countermeasures if similar tariffs are imposed.