EU Prepares to Release US from Peace Negotiations

Italian Prime Minister Giorgia Meloni indicated that conditions are not yet suitable for a summit between the European Union and the United States, emphasizing that successful negotiations on tariff agreements require mutual readiness. While both sides are working towards a potential deal, achieving consensus remains complex, and the timing for such a summit is still uncertain. Meanwhile, German officials highlight ongoing constructive negotiations focused on exempting industrial products from import duties, viewing such a deal as beneficial for both economies amid rising global trade tensions. A successful agreement could strengthen the transatlantic trade relationship, improve export positions, and signal a move towards lower trade barriers, but ultimate approval depends on political processes, particularly in the US Congress.