Trump Prepares to Implement Significant Tariff Increases on Europe and Trading Partners

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Source: CNBC
Trump Prepares to Implement Significant Tariff Increases on Europe and Trading Partners
Photo: CNBC
TL;DR Summary

The US and EU are nearing a critical deadline for trade negotiations, with tariffs potentially up to 50% on EU goods entering the US if no deal is reached by July 9, amid slow negotiations and uncertain prospects for a comprehensive agreement.

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