CLEAN : German minister sees possible solution on US steel tariffs

The transcript discusses the importance of intensive trade talks between Europe and the US to prevent a trade conflict that could harm both parties' interests. The latter part of the transcript contains unclear and fragmented statements, making it difficult to extract coherent information.

What does the text imply about the urgency of the talks?

What are the 'vital interests' referred to in the text, and why are they important?