The EU and US are in a bit of a pickle. They've been trying to sort out a trade deal, but things aren't moving as fast as hoped. The US had set a deadline, but it came and went without a deal. Now, they're saying a deal could happen any day.

The US president mentioned that they're close to sending a letter to the EU, which might mean a deal is in the works. He also said that talks with the EU have gotten better lately. That's a change from before, when he often complained about the trade relationship.

Trade between the EU and US is huge, worth around 1. 68 trillion euros last year. The EU sells more goods to the US than it buys, but it buys more services, so the overall trade is pretty even.

The US commerce secretary said the EU has made some good offers. He thinks the president is considering them. The EU is likely to agree to a 10% tariff, with some exceptions. That's much lower than the 50% the US president wanted at one point.

The EU's leader was careful in her response. She said they're sticking to their principles and preparing for all outcomes. An expert pointed out that the tariff affects US businesses and customers more than European ones.


    # EU and US Trade Deal: A Deal Could Be Imminent

    The EU and US are navigating a complex trade deal, with progress slower than anticipated. Despite a missed US deadline, officials now suggest a deal could be reached **any day**.

    ## Key Developments

    - **US President's Update**:
      - Close to sending a letter to the EU, indicating potential deal progress.
      - Notes improved talks with the EU, a shift from previous criticisms.

    - **Trade Volume**:
      - **1.68 trillion euros** in trade last year.
      - EU exports more goods to the US but imports more services, balancing the trade.

    - **Tariff Negotiations**:
      - **US Commerce Secretary**: EU offers are under consideration.
      - **EU Likely to Agree**: 10% tariff with exceptions, down from the US's initial demand of 50%.

    - **EU's Cautious Stance**:
      - **EU Leader**: Committed to principles, preparing for all outcomes.
      - **Expert Insight**: Tariffs impact US businesses and consumers more than European counterparts.

    

EU and US: Trade Talks in a Tizzy

Key Developments

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