Trump's tariffs will likely stay; EU yields

EU trade negotiators now concede that President Trump's 10% tariffs on European goods are likely to remain in place, signaling a shift in the bloc's approach. Senior EU officials privately admit that overturning the tariffs is unlikely, potentially forcing the EU to make concessions to avoid a full-blown trade war with the US. The EU is considering deregulation and other measures. This shift follows Trump's postponement of more punitive tariffs, and comes as the EU faces pressure to retaliate. The EU is also considering countermeasures, including tariffs on US goods.