EU expects US tariffs to remain as talks make little progress, according to Bloomberg; US officials indicate that most US tariffs on the EU will not be removed
- "The EU has offered to remove all tariffs on industrial goods, including cars, but the US has rejected the proposal, and instead suggested that some tariffs could be offset by increasing investments and exports."
Reaction details (15:18)
In reaction to the news:
- ES fell from 5746.50 to 5433.00 over the course of 6 minutes.
- In a delayed reaction, DXY fell from 100.06 to 99.92 over the course of 4 minutes.
- Jun'25 USTs rose from 110.25+ to 110.29 over the course of 3 minutes.
- May'25 WTI fell from USD 61.79 to USD 61.12 over the course of 2 minutes.
15 Apr 2025 - 15:18- ForexImportant- Source: Bloomberg
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