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US-EU trade deal wards off further escalation but will raise costs for companies and consumers

US-EU trade deal wards off further escalation but will raise costs for companies and consumers

Donald Trump and Ursula von der Leyen have struck a trade deal imposing 15% tariffs on most European goods, averting a potential 30% rate. While details are pending, the agreement includes zero tariffs on strategic goods and a substantial EU purchase of U.S. …

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