Trump and Meloni Discuss New Trade Deal, Impacting US-Italy Relations

President Donald Trump met with Italian Prime Minister Giorgia Meloni to discuss a potential new trade agreement amidst ongoing tensions over tariffs impacting European goods. The US has paused a 10% tariff on European products for 90 days in an effort to facilitate negotiations, while Meloni stressed Italy’s commitment to protecting its businesses. Despite the geopolitical context, cryptocurrency markets like Bitcoin and Ethereum have not shown notable price movements as of yet. This meeting marks a significant moment in US-EU trade relations and will impact Italian exporters directly. While the discussions aim for a fair agreement, the market response hinges on tangible outcomes and reshaping trade policies, which could significantly influence global economic conditions.