Part 10/11:
Both the EU and US recognize that an outright trade conflict would be damaging, especially amid slowing global growth and mounting election pressures. European economies, heavily reliant on industrial exports, would be particularly vulnerable to tariffs, while the US faces risks to its agricultural and manufacturing sectors.
The next few weeks will be decisive. While diplomatic talks continue, their success hinges on meaningful compromises from both sides. The ongoing negotiations reflect a delicate balance of political interests, economic considerations, and strategic ambitions.