U.S.–EU Trade Deal Breakthrough Eases Global Market Fears

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Summary:
A major trade agreement between the U.S. and EU was finalized today, reducing proposed tariffs from 30% to 15% across key sectors and removing tariffs on aircraft imports. The deal includes a $600 billion EU investment in the U.S., calming fears of a trade war.

blue and red cargo ship on sea during daytime

Why It Matters:
This deal stabilizes global markets and strengthens transatlantic economic ties. It’s a bullish signal for exporters and industries like auto, pharma, and aviation

Source: Reuters