trending Market Intelligence /marketintelligence/en/news-insights/trending/9xzsesi_wt2gkgmmrs_vga2 content esgSubNav
In This List

US, EU to continue talks on trade differences


Insight Weekly: Unease roils markets; US likely to slip into recession; firms' cash ratios fall


S&P 500 Q2 2022 Sector Earnings & Revenue Data


Worldwide smartphone shipment forecast through 2026: from small drop to mild recovery


Next in Tech | Episode 84: The bear bites M&A

US, EU to continue talks on trade differences

Top U.S. and EU trade officials came away from their Sept. 10 meeting without concrete agreement on issues between the regions, but with an understanding that talks will continue.

Calling the discussions "constructive," U.S. Trade Representative Robert Lighthizer's office said in a statement that he and EU Commissioner for Trade Cecilia Malmström would meet at the end of the month to continue the dialogue.

"In October, professional staff will hold further discussions on identifying and reducing tariff and non-tariff barriers to trade," the statement said.

Malmström also called the meeting "forward-looking" on her official twitter feed.

"We discussed how to move forward and identify priorities on both sides, and how to achieve concrete results in the short to medium term," she wrote, though she cautioned that "lots of work remains this autumn."

Both sides said they were working from the blueprint laid out by President Donald Trump and EC President Jean-Claude Juncker when they met in Washington this summer.

Since the July meeting, Malmström has indicated that the EU could consider dropping tariffs on American cars if reciprocal concessions were made by the U.S. The Trump administration had previously threatened to raise duties on European auto imports to as high as 25%.