EU to Discuss Lowering Tariffs in First Talks With Trump’s Team

The European Union is realistic about what near-term deliverables the bloc’s chief trade negotiator, Maros Sefcovic, can attain when he begins talks with his US counterparts on Friday about President Donald Trump’s far-reaching tariffs.

The Europeans will aim to salvage as much as possible of the transatlantic relationship and the existing economic order, according to people familiar with the bloc’s thinking. But they have no expectations of returning to the previous status quo.

Trump this week announced broad tariffs on imports into the US, including 20% duties on EU goods, as part of his effort to dismantle the ...