EURUSD and future cooperation predictionsAccording to Politico sources, the deal would impose tariffs of 25% on steel and 10% on aluminum.
The agreement creates a "club of like-minded economies" and aims to impose tariffs on imports from economies deemed to provide subsidies to key sectors such as steel and clean technology. It is said that
The US and EU are still negotiating plans to create this "global club" as a solution to transatlantic disputes over aluminum and steel. These tensions date back to the era of former US President Donald Trump. In 2018, Trump imposed high tariffs on steel and aluminum imports from around the world, including the European Union, for national security reasons. According to the EU proposal, EU Commission President Ursula von der Leyen seeks to get closer to the US to overcome the dispute, with the aim of presenting a united transatlantic front against China. ing. Kwok.
