$BTC The tension of the trade war seems to be easing, especially between the US and the EU. The European Union has begun to remove tariffs imposed during the Trump administration's trade war, marking a significant de-escalation in transatlantic relations. This move provides relief for businesses and consumers who have been greatly affected by the trade disputes.
*Key Developments:*
- *EU Tariff Removal*: The EU's decision to lift tariffs is a positive step towards normalizing trade relations with the US.
- *US-Canada Trade Talks*: There is optimism surrounding US-Canada trade talks, which could lead to further easing of trade tensions.
- *Impact on Emerging Markets*: While the easing of the trade war may benefit some economies, emerging markets still face growth challenges, with a weaker dollar providing some relief ¹ ² ³.