Investing.com -- The United States and the European Union still have a significant amount of work to do in order to alleviate trade tensions, according to Maros Sefcovic, the EU trade chief. This statement came after Sefcovic’s discussions with his American counterparts on Friday.

Sefcovic expressed his thoughts via a post on X, stating he had a crucial exchange with U.S. Secretary Howard Lutnick and Ambassador Jamieson Greer. He emphasized the importance of these discussions as a step towards better mutual understanding.

The EU trade chief acknowledged the challenges ahead, urging all parties to remain focused and explore effective strategies to progress in a positive direction. He did not provide specific details about the issues discussed or the potential strategies for resolving the trade tensions.

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