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Trump Delays EU Tariffs, Sparks New Momentum in Trade Talks
Trump Delays EU Tariffs, Sparks New Momentum in Trade Talks
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President Donald TRUMP has postponed planned 50% tariffs on EU goods until July 9, following discussions with European Commission President Ursula von der Leyen. The move provided temporary market relief, but underlying tensions persist. The proposed tariffs, affecting over $300 billion in trade, had already rattled investors and European leaders.
Trump’s trade strategy remains volatile. Just days before the delay, he claimed EU negotiations were "going nowhere." The reprieve offers a window for dialogue, but the fragile U.S.-EU economic relationship faces continued strain.
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