EU’s Tariff Deal with U.S. Hits Roadblock Following Trump’s Letter
The European Union’s push for a short-term deal to halt rising tariffs has encountered an unexpected obstacle—a letter from former U.S. President Donald Trump. While the contents have disrupted progress, Trump’s tone implies potential for further negotiation. Brian Jacobsen, Chief Economist at Annex Wealth Management, emphasized that, as with past messages from Trump, the inclusion of multiple conditions could leave room for flexibility. Despite market unease, analysts suggest there's no immediate need for alarm.
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