Commerce negotiations between Washington and Brussels are persevering with forward of an August 1 deadline, when US President Donald Trump has vowed to impose 30 % tariffs on practically all items imported from the European Union. Either side wish to carve out exemptions for key sectors, equivalent to aviation or prescribed drugs. Additionally on this version: German automotive sector firms wish to profit from the nation’s sudden enhance in defence spending.
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August 1 deadline for 30% tariffs looms over US-EU trade talks
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