The eurozone economy was almost flat in the last two quarters but improved significantly compared to the same period in 2024, according to Eurostat data.
Under the framework agreement, the US will impose a 15% tariff on EU goods, while the EU will purchase a significant amount of US energy and military equipment.
Good-faith negotiations, a prepared response package, and strengthened internal capacity are how the EU is preparing to respond to Trump's tariff pressures.
European commission president Ursula von der Leyen announced another postponement of retaliatory tariffs against the US to allow for trade agreement negotiations.