Reported 1 day ago
The U.S. and EU are nearing a trade deal that could lower tariffs on EU imports to 15%, despite the EU preparing $100 billion in retaliatory tariffs. President Trump recently announced deals with Japan, setting a 15% tariff on imports and securing a $550 billion investment, and with the Philippines, which will face a 19% tariff. Additionally, Indonesia agreed to drop tariffs on 99% of U.S. goods. While these developments unfold, tensions with larger trading partners like India and Canada remain.
Source: YAHOO