🔴 [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.

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