EU weighs lowering tariffs on US goods to secure trade deal with Trump – WSJ
Investing.comFriday, June 27, 2025 at 12:46:17 AM
The European Union is considering reducing tariffs on certain US goods as part of a strategic move to negotiate a trade deal with the Trump administration, according to a report by The Wall Street Journal. This potential concession aims to ease tensions and secure a broader agreement, though details on which products might be affected remain unclear.
Editor’s Note: Trade wars and tariffs have been a sticking point between the US and EU for years, with both sides imposing penalties on each other's exports. If the EU follows through, it could signal a thaw in relations—or at least an attempt to avoid further escalation. For businesses and consumers, lower tariffs might mean cheaper imported goods, but the bigger picture is whether this leads to a lasting deal or just temporary relief.
— Curated via WP Now’s
