EU and US Agree to Fast-Track Trade Talks, Extending Deadline for Tariff Negotiations

The European Union (EU) and the United States (US) have agreed to expedite trade talks, postponing potential tariffs until July 2025. This decision, driven by a renewed commitment to reaching an agreement, eases market uncertainty and signals increased engagement between both regions. President Trump’s administration extended the deadline for tariff implementation, easing immediate economic strain on global markets. The EU has indicated its continued plans to impose countermeasures should negotiations falter. ]