The understanding king is stirring things up again! $ETH plummeted by 60 points!
Meteor summarized the situation into two main points:
1. The European Union has suspended counter-tariffs against the U.S. for 6 months, effective from August 5, with both sides still negotiating a joint statement, stemming from the agreement on July 27.
2. Trump imposed a 15% tariff on most EU goods, and the EU pledged to purchase 750 billion in energy and invest 600 billion, with the agreement being a political consensus.
