🔴 [Quick Facts]:
• Trump seeks to mitigate the effects of tariffs on cars and may take action before Tuesday.
• The U.S. Treasury Department has raised its quarterly borrowing estimates as it depletes its cash reserves due to the debt crisis.
• Iran proposes a meeting with Europe before upcoming talks with the United States.
• U.S. tariffs are backfiring on agriculture: cancellation of orders, falling prices, and worsening crisis.
• Rain: The European Central Bank should not rule out further interest rate cuts.