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How the EU is preparing to reach a tariff deal in Trump’s game of chicken

From cnbc.com

The U.S. has doubled down on its plan to impose 30% tariffs on the European Union next month, seeking to ramp up pressure on the bloc to reach a deal. With less than two weeks to go until U.S. President Donald Trump’s Aug. 1 deadline, the EU continues to negotiate with U.S. trade officials, while drawing up a series of possible countermeasures if a deal is not forthcoming. For its part, the U.S. said the EU continues to be “very eager” in negotiating a trade agreement, according to White House press secretary Karoline Leavitt. Speaking at a news conference on Thursday, Leavitt said the EU is exploring “ways to lower ... (full story)

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  • Category: Fundamental Analysis