EU warns that US trade deal risks unravelling with proposed changes, according to Bloomberg citing sources
The EU's warning about potential unraveling of the US trade deal highlights rising tensions in transatlantic trade relations.
US President Trump says 'don't rush me' regarding Iran war length, adds will take out Iran's 'wiseguy ships' if we see them and noted maybe Iran loaded during hiatus, and will knock them out, but we have been speaking and they want to make a deal
US President Trump says car companies are coming from Canada, Mexico and Japan; all the chip companies are coming back to the US; US is leading China in AI
EU warns that US trade deal risks unravelling with proposed changes, according to Bloomberg citing sources
An Iranian bulk carrier carrying rice was escorted by IRGC naval vessels and safely crossed the Sea of Oman and reached Iran, despite the US Navy's attempts to seize it, via Fars News
White House expected to extend Jones Act waiver for up to 90 days as early as Friday, according to sources
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- The European Union warned member states that efforts to strengthen safeguards in the bloc’s trade agreement with the US may cause the deal to unravel.
- The European Commission told the bloc’s ambassadors this week that some changes lawmakers proposed to the EU-US trade deal would sink the accord, according to sources.
If proposed changes jeopardize the agreement, it could create uncertainty for markets, particularly impacting sectors reliant on trade, and potentially lead to reactions in currencies and commodities as investors reassess risk.
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