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US-EU trade talks resume amid $236 bn goods deficit

US-EU trade talks resume amid $236 bn goods deficit
U.S. President Donald Trump has paused his threat to impose 50% tariffs on the European Union. This follows what he described as a “very nice call” with European Commission President Ursula von der Leyen. Trump had warned on Friday that the tariffs could take effect by June 1, citing stalled negotiations.

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