💨 Abstract

The European Commission has offered a "zero-for-zero" tariff deal to the U.S. to avert a trade war, while also proposing 25% tariffs on some U.S. imports in response to Trump's steel and aluminium tariffs. The EU will approve the first retaliatory measures this week, with collection beginning April 15, and a second tranche starting a month later.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖