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2025-07-28 23:20:22
[Analysts at NordLB: US-EU trade agreement is crucial for future planning for European industry] NordLB analysts pointed out in a report that the US-EU trade agreement is crucial for future planning for European industry, especially Germany. They said that although there are still some uncertainties and residual uncertainties persist, the threat of escalating the trade war from August 1 no longer exists. Nevertheless, this marks an important step towards stabilizing the transatlantic relationship. Analysts said that although the 50% tariff on steel and aluminum remains in effect, the agreement means that the automotive industry - currently subject to tariffs of 15%, not 25% - will not fall further behind international competitors such as Japan. (Dow Jones)
