EU and US gear up for trade talks as tariff threat looms

The EU is ready to negotiate a trade agreement that may involve a 10% uniform tariff on various exports to the US. Discussions are set to take place this week in Washington.

Maros Sefcovic will represent the EU as tensions escalate regarding tariffs on key sectors such as automotive and metals. The EU suggests quotas and exemptions to stabilize the trade relationship.

Investor sentiment is tense as industries contemplate the consequences of potential tariffs. Meanwhile, Ethereum (ETH) is currently valued at 2,489.85 USD, experiencing a 2.19% price increase in the last 24 hours.

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