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U.S. plays hardball on tariffs deadline as EU battles for a deal

220d ago
Business
CNBC
U.S. plays hardball on tariffs deadline as EU battles for a deal
The United States is maintaining its firm stance regarding the August 1st deadline for increased tariffs on goods from the European Union. This pressure comes as the EU continues its efforts to negotiate a deal and avert the implementation of these higher tariffs, which could significantly impact transatlantic trade relations. The U.S. position suggests a willingness to proceed with the tariffs if a satisfactory agreement isn't reached by the deadline, potentially leading to economic repercussions for both sides.
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