US-EU trade deal delivers Relief, Euro gains but lacks breakout momentum

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In a significant breakthrough, the US and EU reached a framework trade agreement on Sunday, averting the imposition of 30% tariffs on European imports. Instead, a reduced 15% rate will apply to most goods. The two sides also agreed to exempt key strategic sectors—such as aircraft, chemicals, and some pharmaceuticals—from any tariffs entirely. The deal […]The post US-EU trade deal delivers Relief, Euro gains but lacks breakout momentum appeared first on Action Forex.