🔹 United States: Trade negotiations enter their final phase amid threats of a return to tariffs
U.S. Treasury Secretary Bessent announced that trade negotiations between the United States and the European Union have entered their final phase, with a busy schedule of meetings over the next 72 hours. She confirmed that Washington maintains a strong negotiating position, and there has been notable progress in the talks.
Bessent warned that failure of the negotiations would lead to a decisive step, as U.S. President Donald Trump would notify trading partners of a return to the tariffs that were in effect on April 2, which could ignite new trade tensions.
Markets are watching the outcomes of these negotiations, which could have a significant impact on global trade flows and commodity prices, especially with the final decision announcement approaching in a few days.
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