Europe's Trade Concessions and Market Impacts of U.S. Policies
TL;DR Summary
European Union officials made significant trade concessions to President Trump, agreeing to a deal that imposes 15% tariffs on most European exports while eliminating tariffs on American cars and farm goods, driven by the threat of a damaging trade war and the need for predictability in transatlantic trade relations.
- Europe Made Major Trade Concessions to Trump. How Did That Happen? The New York Times
- Drug prices likely to rise with tariffs on EU Axios
- Trump’s $750 Billion Deal for U.S. Energy Collides With Market Reality The Wall Street Journal
- Statement by President von der Leyen on the deal on tariffs and trade with the United States European Commission
- Tesla's valuation could 'far exceed' current levels, RBC Capital Markets says CNBC
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