Sonja Hutson

Good morning from the Financial Times.

Today is Monday, April 20th, and this is your FT News Briefing.

Donald Trump wants to restart talks with Iran, and Brussels is using the energy crunch to push renewables.

Plus, we look at a controversial new craze on Wall Street.

It's tax loss harvesting, but this time it's turbocharged.

I'm Sonia Hudson, and here's the news you need to start your day.

U.S.

President Donald Trump says he's sending senior officials to Pakistan to negotiate with Iran again.

He told Fox News his son-in-law, Jared Kushner, and special envoy Steve Witkoff would arrive in Islamabad today.

The previous round of talks were led by Vice President J.D.

Vance.

But Iranian state-affiliated media said Tehran won't send anyone to the talks.

not until the U.S.

lifts its naval blockade of Iranian ports.

The two sides still have many sticking points, including Tehran's stockpiles of highly enriched uranium and how the Strait of Hormuz will be governed.

The European Commission is pushing remote work and public transportation subsidies to cut fossil fuel use.

Brussels is trying to make the energy price shock from the U.S.-Iran war a little less painful.

The recommendations also include measures to help move toward clean power.

The commission is going to present member states with its plan later this week.

And here to tell us more is the FT's Ian Johnston, who broke this story.