US, EU Report Significant Progress in Tariff Talks

White House economic adviser Kevin Hassett announced that the United States and the European Union are making significant progress in negotiations over trade tariffs imposed by President Donald Trump. During recent meetings in Washington, Hassett highlighted that discussions have been beneficial for American workers, particularly in the automotive sector. He emphasized the importance of these talks in resolving lingering trade tensions that stemmed from previous tariffs affecting various goods. The optimism surrounding these negotiations comes as Hassett noted that over 10 countries have made favorable trade deal offers to the U.S., indicating a shifting landscape in international trade relations. Despite concerns about a potential recession, Hassett expressed confidence in the U.S. economy, with positive job reports and stock market gains following the developments in tariff negotiations. The dialogue with the EU represents a critical step toward fostering better trade relations and economic stability.