EU Considers Tariff Adjustments Ahead of U.S. Deadline
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BTCCSquare news:
The European Union is weighing tariff reductions on select U.S. imports as the July 9 deadline approaches for Washington's planned 50% tariffs on nearly all EU goods. The potential shift marks a departure from earlier retaliatory measures, which targeted Boeing aircraft and $110 billion in American products.
Discussions among EU leaders, including European Commission President Ursula von der Leyen, suggest a strategic pivot toward non-tariff countermeasures. Increased imports of U.S. liquefied natural gas are under consideration as part of broader trade negotiations.
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