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The European Union steps into the spotlight on April 7, 2025, with a bold proposal aimed at defusing escalating trade tensions with the United States. European Commission President Ursula von der Leyen announces a "zero-for-zero" tariff plan, offering to eliminate all tariffs on industrial goods traded between the EU and the U.S. if the White House reciprocates. This move comes as global markets, including the Dow Jones Industrial Average, reel from President Donald Trump’s sweeping "Liberation Day" tariff announcement last week, which imposes a 10% baseline tariff on imports from most countries and higher rates—up. . .
