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EU, US Reach Deal to Avoid Trump Tariff Hike Before Deadline

GenevaTimes by GenevaTimes
July 27, 2025
in Business
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Several exporters in Asia, including Indonesia, the Philippines and Japan, have negotiated reciprocal rates between 15% to 20%, and the EU saw Japan’s deal for 15% on autos as a breakthrough worth seeking as well. Washington’s talks also continue with Switzerland, South Korea and Taiwan.

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