All articles tagged with #us eu trade talks
President Donald Trump warned of a 100% tariff on imports from any country that imposes a digital services tax on U.S. firms, claiming the levy would override existing deals as EU-US talks on a broader trade pact continue; digital taxes were left out of the pact and enforcement details remain unclear.
European shares declined due to losses in banking and mining sectors amid ongoing trade negotiations between the U.S. and its trading partners, with focus on upcoming tariff decisions and trade deal negotiations, while some sectors like healthcare and luxury goods showed resilience.
The US and EU are nearing a critical deadline for trade negotiations, with tariffs potentially up to 50% on EU goods entering the US if no deal is reached by July 9, amid slow negotiations and uncertain prospects for a comprehensive agreement.
Treasury yields declined as markets responded positively to improved U.S.-EU trade negotiations, with the 30-year, 10-year, and 2-year yields all falling slightly, amid optimism following the postponement of tariffs and anticipation of Federal Reserve minutes and economic data releases.