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Europe Gains Momentum in US Trade Talks Amid Market Volatility
Europe Gains Momentum in US Trade Talks Amid Market Volatility
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Trade tensions between the US and Europe took a surprising turn as President TRUMP extended negotiations following a conciliatory call with European Commission President Ursula von der Leyen. The euro surged to a six-week high, while European equities rebounded from recent losses.
Despite the market’s optimistic reaction, European businesses remain cautious. The abrupt reversal—coming just days after Trump dismissed EU negotiations as "nowhere"—has left corporate leaders uncertain about future trade terms. "They agreed both to fast track the trade negotiations and to stay in close contact," a Commission spokesperson noted, underscoring the fragile nature of the breakthrough.
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