The U.S. slaps new tariffs on 60 countries, including the EU and China, citing insufficient action against forced labor products — but the EU gets a surprise break: new tariffs don’t stack on top of existing ones, plus they’re granted fresh exemptions for cork, diamonds, and more. The European Commission sees this as a win, aligning with a trade deal signed last July that swapped EU tariff cuts for U.S. duties — and they’re pushing for continued cooperation to keep trade predictable and stable.

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