US-EU Trade Talks Intensify Before Tariff Deadline
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The US is just days away from slapping a massive 30% tariff on everything you buy from Europe.
After striking a new trade deal with Japan, the Trump administration has immediately
shifted its focus to the European Union. President Trump confirmed,
"We have Europe coming in tomorrow," signaling that talks are getting serious. The pressure is
incredibly high because of a looming August 1st deadline. If no agreement is reached,
those 30% tariffs on U.S.-bound imports from the EU are set to go into effect. But the recent Japan
deal has spread some optimism. Analysts believe it raises the chances that the EU can
also secure a deal. The most interesting detail is that the U.S.-Japan agreement reduced auto tariffs
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