Reported 1 day ago
The US and EU are progressing towards a trade agreement that would implement 15% tariffs on European imports, mirroring a recent deal between the US and Japan. The agreement could exempt certain products like aircraft and medical devices from these tariffs, while the EU is also preparing a potential €93 billion retaliatory tariff package if a deal isn’t reached by August 1. The aim is to prevent the 30% tariffs threatened by President Trump.
Source: YAHOO