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EU Takes Action: Second Wave of Tariffs Targets €72 Billion in US Goods

EU Takes Action: Second Wave of Tariffs Targets €72 Billion in US Goods

The European Union has recently decided to enact a second wave of tariffs on US goods, totaling €72 billion. This move is a response to previous tariffs imposed by the United States and is expected to further impact bilateral trade relations.

The EU's decision aims to protect local markets and industries while seeking a more favorable position in trade negotiations. The specific items and tax rates for these tariffs have yet to be announced, but they have already drawn significant attention.