#TradeWarEases The intensity of the trade war seems to be decreasing, especially between the USA and the EU. The European Union has begun to lift tariffs imposed during the trade war of the Trump administration, which is a significant de-escalation of transatlantic relations. This move provides relief for businesses and consumers who have suffered from trade disputes.
*Key Events:*
- *EU Tariff Cancellation*: The EU's decision to remove tariffs is a positive step towards normalizing trade relations with the USA.
- *US-Canada Trade Talks*: There is optimism regarding trade talks between the USA and Canada, which may lead to further reduction in trade tensions.