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The EU says it will accept no increase in US tariffs, a deal is a deal

Newsquawk Staff ·

The EU says it will accept no increase in US tariffs, a deal is a deal.

What it means

The EU's firm stance against any increase in US tariffs signals a commitment to the existing trade agreements, which could help stabilize transatlantic relations. This resistance may reduce uncertainty for markets that are sensitive to trade tensions, supporting risk assets and potentially impacting commodities and currencies linked to both economies.

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