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Bloomberg Television
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EU, US Finalize Trade Deal
The European Union (EU) and the United States (US) have finalized a long-awaited trade deal, aiming to ease transatlantic trade tensions. The agreement, which has been in negotiation for over a year, involves the EU removing tariffs on US industrial goods in exchange for a 15% ceiling on tariffs. However, the deal's ratification process and potential US objections to additional EU provisions remain uncertain.