Trade Talks Intensify to Avert Trump’s April 2 Tariffs

Trade negotiations are intensifying as the deadline for former President Donald Trump's proposed tariffs on April 2 approaches. The European Union is preparing for potential 'flat double-digit' tariffs, signaling a significant escalation in trade tensions. EU Trade Commissioner Valdis Dombrovskis is set to meet with key U.S. figures, including Cantor Fitzgerald CEO Howard Lutnick and Commerce Secretary Gina Raimondo, in an effort to defuse the looming steel and aluminum spat.

The urgency of these talks is underscored by the potential economic impact of the tariffs. The Detroit News reports that businesses are bracing for the effects, with many hoping for a last-minute resolution. The Financial Times highlights the complexity of the negotiations, noting that the outcome could have far-reaching implications for global trade dynamics.

As the deadline looms, all eyes are on the negotiators to see if they can reach an agreement that will prevent the imposition of the tariffs and maintain the stability of international trade relations.

• April 2
• Donald Trump
• European Union
• Valdis Dombrovskis

Detailed

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