Reported 1 day ago
The European Union's chief trade negotiator reported 'good calls' with Trump administration officials as tariff negotiations recommence. Following a weekend conversation between President Trump and European Commission President Ursula von der Leyen, Trump postponed a proposed 50% tariff on EU goods from June 1 to July 9, signaling a desire for continued dialogue. However, significant hurdles remain as the EU prepares retaliatory measures against US goods if a trade deal isn’t reached, with both sides aiming for constructive discussions in the upcoming weeks.
Source: YAHOO