US, EU said to have started 'serious' trade talks - Breaking The News
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US, EU said to have started 'serious' trade talks

EPA-EFE/TOMS KALNINS

The United States and the European Union finally managed to overcome the deadlock in trade negotiations, starting "serious" discussions, the Financial Times reported on Friday, citing sources briefed on the subject.

As per the sources, the two sides sent negotiating documents to one another in recent days, which define areas that need to be talked about during these negotiations, and which include not only topics on tariffs, but digital trade and opportunities for investments as well.

However, in a briefing note seen by the media outlet, the European Commission's top trade official, Sabine Weyand, underlined that the bloc needs to act in a calm manner and not give in to Washington's wish for "quick wins," adding that some US levies are likely to remain in place.

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