Impact on US-EU tensions: Risk-off, US dollar subdued, heightened demand for Gold and Silver
In retaliation, the EU looks set to void the US-EU trade truce deal agreed last year, as France plans to push the EU to activate its most powerful trade retaliation tool, the anti-coercion instrument, to be used for the first time against the US. All in all, EU officials have aimed to introduce more retaliatory…