Trade relations between the U.S. and EU remain on a knife edge between deterioration into a tariff war and improvement into a trade deal. France and the U.S. have “found a common framework to make progress towards a global solution on digital taxation” according to Finance Minister Le Maire after a meeting with U.S. Treasury Secretary Mnuchin. That reduces the risk of tariffs linked to digital services, yet France “will not accept any withdrawal or suspension” of the tax while talks continue. At the same time President Trump has stated automotive tariffs are ba...