#TradeWarEases The intensity of the trade war seems to be decreasing, especially between the USA and the EU. The European Union has begun to lift tariffs imposed during the trade war of the Trump administration, which is a significant de-escalation of transatlantic relations. This move provides relief for businesses and consumers affected by trade disputes.

*Key events:*

- *EU tariff cancellation*: The EU's decision to lift tariffs is a positive step towards normalizing trade relations with the USA.

- *US and Canada trade negotiations*: There is optimism regarding trade negotiations between the USA and Canada, which may lead to further reduction of trade tension.

- *Impact on emerging markets*: While the decrease in trade tension may be beneficial for some economies, emerging markets still face growth challenges, with a weaker dollar providing some relief.