Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > US seeks long-term trade negotiations with EU, says Vance
    Headlines

    US seeks long-term trade negotiations with EU, says Vance

    US seeks long-term trade negotiations with EU, says Vance

    Published by Global Banking and Finance Review

    Posted on May 18, 2025

    Featured image for article about Headlines

    ROME (Reuters) -U.S. Vice President JD Vance met European Commission President Ursula von der Leyen and Italian Prime Minister Giorgia Meloni on Sunday, and said he hoped their encounter would help move forward trade talks between the EU and the United States.

    Von der Leyen later said she was confident a solution to transatlantic trade tensions could be found.

    "Europe is an important ally of the United States... but, of course, we have some disagreements, as friends sometimes do, on issues like trade," Vance said, sitting alongside von der Leyen and Meloni in Rome after they had all attended Pope Leo's inaugural Mass.

    "I think we'll have a great conversation, and hopefully it will be the beginning of some long-term trade negotiations and some long-term trade advantages between both Europe and the United States," he added.

    The White House has imposed a 25% tariff on imports of steel, aluminium and cars, as well as a baseline 10% tariff on almost all countries, with additional "reciprocal" tariffs -- making for a combined 20% in the EU's case -- lined up if negotiations during a 90-day pause fail.

    Von der Leyen said the EU-US trade relationship was the largest in the world and worth more than $1.5 trillion a year and added that the two sides had exchanged papers outlining the various areas of future discussion.

    "We both want a good deal that delivers for people and business on both sides of the Atlantic. Our teams are working around the clock to find solutions. We're confident that we will get there," the EU executive chief wrote in a post on X.

    Earlier, she said that experts were discussing the details.

    "Everybody knows that the devil is in the detail, but what unites us is that at the end, we want together to have a good deal for both sides," she said before her talks with Vance.

    Von der Leyen has not managed to hold a formal meeting with U.S. President Donald Trump since he regained the U.S. presidency in January, exchanging words only briefly at Pope Francis's funeral last month at the Vatican.

    Besides discussing tariffs, she said she also wanted to talk to Vance about Ukraine and defence spending.

    (Reporting by Crispian Balmer; additional reporting by Philip Blenkinsop in Brussels; Editing by Gareth Jones and Diane Craft)

    Related Posts
    VW management to continue cost cutting
    VW management to continue cost cutting
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    EU countries approve year-long delay to deforestation law
    EU countries approve year-long delay to deforestation law
    Italy economy minister denies any interference in MPS's bid for Mediobanca
    Italy economy minister denies any interference in MPS's bid for Mediobanca
    Italian judge drops Genoa dam case against Webuild CEO
    Italian judge drops Genoa dam case against Webuild CEO
    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon
    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon
    Searches under way in probe involving French Culture Minister Dati
    Searches under way in probe involving French Culture Minister Dati
    Finland's far-right party reprimands two MPs over racism scandal
    Finland's far-right party reprimands two MPs over racism scandal
    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine
    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine
    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme
    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme
    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'
    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'
    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system
    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostTens of thousands protest in The Hague against Gaza war
    Next Headlines PostZelenskiy meets U.S. Vice President Vance, says source in Ukrainian delegation

    More from Headlines

    Explore more articles in the Headlines category

    Britain imposes more sanctions on Russia's energy sector

    Britain imposes more sanctions on Russia's energy sector

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    France drafts in army for cattle vaccination to defuse farmer protests

    France drafts in army for cattle vaccination to defuse farmer protests

    Belarus has deployed Russia's Oreshnik missile, Lukashenko says

    Belarus has deployed Russia's Oreshnik missile, Lukashenko says

    Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying

    Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying

    Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

    Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

    Belgian farmers in anti-trade protest clash with police

    Belgian farmers in anti-trade protest clash with police

    UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles

    UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles

    Putin's spymaster spoke by phone with new MI6 chief, TASS reports

    Putin's spymaster spoke by phone with new MI6 chief, TASS reports

    UK pauses trials of Ajax in new setback for army fighting vehicle

    UK pauses trials of Ajax in new setback for army fighting vehicle

    Germany signs $2.35 billion armoured vehicle deal with Finland's Patria

    Germany signs $2.35 billion armoured vehicle deal with Finland's Patria

    View All Headlines Posts