Reported about 14 hours ago
EU Economy Commissioner Valdis Dombrovskis announced that the European Union is making progress in trade negotiations with the United States as they approach a critical tariff deadline set by President Trump on July 9. While the EU aims for a mutual solution to avoid escalating trade tensions, they are prepared to defend their economic interests if an agreement cannot be reached. The potential threat of increased tariffs looms over EU exports, while the EU has already set retaliatory tariffs on US goods in response to previous trade measures.
Source: YAHOO