💨 Abstract

The European Union (EU) will impose retaliatory tariffs on some US goods starting next week, in response to tariffs imposed by President Trump. The EU prefers negotiations to remove the tariffs and avert a trade war, with EU Trade Commissioner Maros Sefcovic stating that the EU is prepared to negotiate a "zero-for-zero" tariff pact for industrial goods.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖