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The us and eu have reached a deal on trade tariffs which sets a 15% tariff for most exports into the us. Top international trade stories:sweeping us tariffs go live; The value of global trade has only been magnified by recent turmoil, according to this chief economist, and globalisation will likely thrive as it takes on new forms and patterns.
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The deal has been criticized by several european leaders who fear it. “tariffs and trade tensions hang over global financial markets like a storm cloud, injecting significant volatility and disrupting expectations about the global economy. Yet after negotiations, both sides agreed to lower recent tariffs and continue talks.
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Wto slashes its 2026 trade forecast;
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