BREAKING: Brussels & Washington on Verge of Historic Trade Deal – Final Touches Underway
Trade tensions thaw as EU and US inch toward agreement
The transatlantic standoff may finally be cracking—just don’t ask about the fine print.
Deal or No Deal?
After years of posturing, Brussels and Washington are reportedly hammering out last-minute details. No numbers disclosed yet (classic), but insiders suggest both sides are eager to claim victory before election cycles heat up.
Why It Matters
A deal could reshape everything from tech regulations to agricultural exports. Crypto markets? Watching closely—nothing pumps portfolios like geopolitical stability (until the next tweetstorm).
The Cynic’s Corner
Wall Street’s already pricing in the ‘certainty premium’—because nothing says ‘stable’ like betting on politicians to agree long-term.
EU’s retaliation plan still on standby
Earlier, the Commission asked member governments to approve its €93 billion list of U.S. goods for possible retaliation, and its trade chief arranged talks with U.S. Commerce Secretary Howard Lutnick.
The plan simply merges the earlier €21 billion and €72 billion proposals into one package of reciprocal tariffs. It pledged to continue refining its own response plan until a settlement is reached, and officials stressed they would promptly deploy those countermeasures should negotiations collapse.
Markets reacted quickly. European equity benchmarks ROSE roughly 1 percent, led by automotive shares, as Trump’s Japan deal revived expectations for a comparable EU pact.
Analysts said the news lifted market confidence by suggesting U.S.‑EU trade tensions might ease.
The deal cuts the U.S. car tariff from 25% to 15%. EU officials see it as a template, since last year the U.S. bought over $55 billion of Japanese vehicles and parts, and about €47.3 billion (around $55.45 billion) from Europe.
EU sources report limited movement on U.S. auto tariffs, though the Tokyo accord could provide a potential blueprint.
A spokesperson for the German government pointed out that U.S.‑Japan relations differ significantly from U.S.‑EU dynamics.
UBS analysts warned that without a similar deal, Japanese carmakers would benefit.
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