💨 Abstract

Finland's Foreign Minister Elina Valtonen has called for zero tariffs between Europe and the U.S., aligning with the European Commission's proposal. Valtonen warns against a global trade war, stating it could lead to a global recession. The U.S. has proposed lowering non-tariff barriers, such as value-added taxes, to reach a deal on lowering tariffs imposed by President Trump.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖