#economic-diplomacy

#economic-diplomacy

The EU has made significant concessions in its trade deal with the US, primarily in accepting higher tariffs on European exports while eliminating smaller tariffs on US goods entering the EU.

U.S. Treasury Secretary Scott Bessent described the talks as "productive" and noted substantial progress, with an announcement expected on additional details.

Scott Bessent reported substantial progress in US-China trade talks, emphasizing the importance of de-escalating tariffs, which currently hinder trade between nations.