US-EU tariff deal prevents higher rates

Italy's Minister for European Affairs, Tommaso Foti, stated that the US-EU tariff agreement was the best possible outcome, preventing higher rates. Foti highlighted that while tariffs are never positive, the current 15% is preferable to the previously threatened 30%, with a definitive agreement expected by August. He credited Prime Minister Meloni for convincing President Trump to negotiate with the EU as a bloc, rather than individual states.