US President Donald Trump said at a meeting Tuesday in Davos with new EU Commission President Ursula von der Leyen that they were discussing a trade deal.
Trump, accompanied by top economic advisors including Wilbur Ross and Robert Lighthizer, met with von der Leyen on the sidelines of the Davos economic conference.
"We're going to talk about a good trade deal. We'll be discussing other things also," he told reporters.
Von der Leyen said she was looking forward to working with Trump, saying Americans and Europeans were "good friends".
Trump said he'd heard von der Leyen is "a very tough negotiator".
The talks came shortly after Paris announced a truce in its tussle with Washington over plans for taxing US technology companies earning revenue in France. Trump had threatened to hit back with tariffs.
French Finance Minister Bruno Le Maire, speaking before a Brussels meeting with EU counterparts, said President Emmanuel Macron and Trump had talked and "agreed to avoid all escalation between the US and France on this digital tax issue."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app