Skip to content
Friday 21 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,748.16
+0.04%
DAX
25,983.04
0.00%
CAC 40
8,453.09
0.00%
STOXX 50
6,422.06
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Saturday 25 August 2018 5:07 pm  |  Updated:  Friday 24 May 2019 7:46 pm

US pushing for EU trade negotiations to move faster

By: James Booth

Add as a preferred source on Google

The US is pushing the EU to move faster on trade negotiations following the meeting between US President Donald Trump and EU Commission President Jean-Claude Juncker last month.

Emily Haber, Germany’s ambassador to the United States, told reporters a working group formed after the Trump-Juncker meeting had convened for the first time this week, and US officials were pressing “for very rapid results”, Reuters reports.

She said EU officials would need a clear mandate to move beyond the current “scoping exercise” and a deal would need to be reached before European Parliament elections in May 2019.

Read more: China vows to continue retaliatory tariffs against Trump's US

“The Americans are in fact pressing for very rapid results,” Haber said at an event to unveil plans for more than 1,000 events in the United States next year aimed at strengthening bilateral ties.

“As far as the timelines go, I would point out that we have European Parliament elections next year, and an agreement would have to be reached in a timely manner before these elections,” she said.

A US official confirmed Washington was asking for talks to be put on “a much faster timeline” but gave no specific date.

Trump agreed during the meeting with Juncker to refrain from imposing threatened car tariffs on European firms while the two sides launched negotiations to cut tariffs on steel, aluminium and other goods.

The surprise agreement eased the threat of a transatlantic trade war, but US officials have grown frustrated about the slow pace of progress in subsequent weeks, with the first working group meeting postponed until after European holidays.

Read more: Trump predicts stock market crash if he were to be impeached

US Treasury Secretary Steven Mnuchin said last month he was hopeful the issue could be resolved “very quickly.”

A European Commission spokesman confirmed a meeting of the EU-US working group took place this week but gave no details.

Stefan Mair, a member of the executive board of the German industry group BDI, said some progress was reported at the first meeting of the new working group, including on the expected timetable, but did not elaborate.

“We know the Trump administration is strongly pressing for short timelines and quicker progress,” Mair said at the event showcasing ties between Germany and the United States.

“But we insist that this should not happen at the expense of a thorough result because we are interested in seeing an agreement that goes beyond tariffs and looks at more general issues affecting business relationships,” he added.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics

Related Topics

  • International

Trending Articles

  • House prices in wealthy London boroughs fall by up to £300,000

  • As it happened: Miners fuel FTSE 100 recovery; oil jumps as Trump claims Strait of Hormuz

  • City law firm sues prominent Emirati business family

  • Amanda Blanc has worked her magic at Aviva

  • As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again

More from Morning Wire

  • ‘Pro-business’ Burnham eyes Reynolds return to top business job

    Business
    Jonathan Reynolds addressing the SMMT's annual International Automotive Summit (image courtesy of SMMT)
  • Trump suspends strikes amid new peace hopes

    Politics
    Donald Trump speaking at press conference podium, addressing media with serious expression, American flags in background
  • Fifa hits back at Trump and Egypt over refereeing bias claims

    Sport Business
    Getty Images logo on a modern building facade against a clear blue sky, representing a leading global visual content creator
  • As it happened: Stocks jittery as oil nears $90; Trump ‘semi-negotiating’ with Iran

    FTSE 100 Live
    Large oil tanker navigating a strait under a cloudy sky, impacting oil prices and global trade.
  • Trump reinstates US blockade of Strait of Hormuz

    Markets
    Iranian military vessels patrol the strategic Strait of Hormuz amidst escalating tensions in the region
  • Oil price falls but Trump and Iran clash on negotiations claim

    Markets
    Donald Trump smiling in a blue suit and tie with an American flag pin, US flag in background
  • Donald Trump is creeping towards a shrewd sanctions policy

    Opinion
    Donald Trump holding a red TRUMP 2028 hat, wearing a tuxedo with an American flag in the background
  • Making Miliband chancellor would be a ‘mistake’, Trump officials warn

    Politics
    Donald Trump speaking at April event, wearing a suit and tie, with an expressive gesture and a serious facial expression
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook