EU Proposes Zero-Tariff Deal to US in Bid to Ease Trade Tensions

The EU is seeking to avoid potential trade conflict with the US by proposing a zero-tariff agreement, aiming to mitigate ongoing economic tensions. Valdis Dombrovskis, the EU’s Trade Commissioner, announced this offer on April 11th, stating that it aims to safeguard against damaging business disputes. The proposal underscores a commitment from both sides to prevent the potential for economic harm stemming from trade disagreements.