The United States and Europe break the deadlock and resume tariff talks

The US and the European Union have launched trade talks to avert the worst effects of Mr. Trump's tariffs, breaking a stalemate that had left the European Union near the bottom of the queue, according to the Financial Times. The two sides exchanged negotiating documents for the first time in recent days, covering areas such as tariffs, digital trade and investment opportunities, according to four people familiar with the matter and a European Union briefing obtained by the Financial Times. Sabine Wynde, chief trade officer at the European Union Commission, told ambassadors that the European Union still needed to respond calmly and should not give in to the US's desire for "quick wins". She warned that some US tariffs could persist, particularly in sectors such as steel and cars that the US wanted to repatriate, the briefing noted. Trump has previously accused the European Union of "exploiting the United States", and the progress of negotiations between the European Union and the United States is still lagging behind countries such as Japan, South Korea, the United Kingdom and Vietnam.