EU Proposes Zero-Tariff Deal to US Amidst Trade Tensions #SP | KambohCrypto on Binance Square

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EU Proposes Zero-Tariff Deal to US Amidst Trade Tensions #SPELL/USDT 

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President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations. Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward.The S&P 500 has shed nearly $6 trillion in value since Trump unveiled the tariffs a week ago, the deepest four-day loss since the benchmark's creation in the 1950s.

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