EU-US Trade Deal Nears Amid Tariff Tensions, China Summit
EU-US Trade Deal Nears Amid Tariff Tensions, China Summit

EU-US Trade Deal Nears Amid Tariff Tensions, China Summit

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US President Donald Trump urged Europe to take immediate action on immigration, warning that unchecked immigration could threaten the continent's existence. During his visit to Scotland, Trump emphasized the need to stop what he described as a 'horrible invasion' and praised some European leaders for their efforts, though he did not specify whom. On the trade front, Trump indicated a 'good 50/50 chance' of reaching a significant trade deal between the US and Europe, potentially the largest yet, despite ongoing challenges such as US threats to impose high tariffs. EU officials remain engaged in intensive technical and political talks with the US, optimistic that a deal is within reach, although concerns persist over tariff rates and national security exceptions. Meanwhile, the EU is also pressuring China for a fairer trade relationship amid a growing deficit and barriers faced by European companies in Chinese markets. The EU-China summit addressed trade imbalances, raw material export controls, and broader geopolitical issues, signaling Europe's determination to ensure reciprocal market access and fair competition.

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