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US-EU Trade Deal Reached Ahead of Deadline, Market Reaction Subdued
US-EU Trade Deal Reached Ahead of Deadline, Market Reaction Subdued
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BTCCSquare news:
President TRUMP secured a trade agreement with the European Union, imposing a 15% levy on US imports—lower than initial proposals but higher than the 10% baseline. The deal includes EU commitments to purchase $750 billion in US energy and invest $600 billion by 2028, though feasibility remains uncertain.
Investor sentiment edged cautiously positive, with S&P 500 and Nasdaq Composite briefly gaining before retreating. Economists view the accord as a relief from worst-case scenarios, though opaque details temper enthusiasm. No direct cryptocurrency impact observed, but macro stability could indirectly support risk assets like BTC and ETH.
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