EU Approves U.S. Trade Deal to Avoid Tariffs

The EU just approved sweeping import tax cuts on American goods, dodging a potential tariff escalation after President Trump’s July deadline. This trade deal, struck last year at Trump’s Scottish golf course, lowers duties on U.S. industrial and farm products in exchange for the U.S. dropping planned 15% tariffs on European goods. After nearly 11 months of delay, the move keeps trade tensions from flaring between the world’s two biggest economies. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0426a8958d22d2a9