Skip to main content
See every side of every news story
Published loading...Updated

Seeking shelter from Trump’s fury, US trade partners reach deals with each other

The EU-India trade pact aims to create a free-trade market of over 700 million people as partners seek to reduce reliance on U.S. amid tariff pressures, analysts say.

  • Last week, the 27-country EU and India announced a pact that will create a free-trade market of more than 700 million people as U.S. trade partners cut deals among themselves.
  • President Donald Trump’s recent tariff threats have bullied U.S. allies for the past year, prompting them to seek protections after he raised tariffs on South Korea and threatened 100% tariffs on Canada.
  • Central banks and global investors are dumping dollars and buying gold, and Daniel McDowell, Syracuse University political scientist, says foreign countries want to reduce exposure to the United States amid instability as the U.S. dollar fell last week.
  • EU signaled support for rules-based trade, with EU exporters jubilant over the India deal, and Koo Yun-cheol will push lawmakers to approve a $350 billion investment, on Tuesday.
  • Negotiators had been at it for nearly two decades before they closed the agreement, while advisers and analysts warn that reduced foreign U.S. Treasuries holdings reveal vulnerabilities rivals may exploit.
Insights by Ground AI

41 Articles

Hastings TribuneHastings Tribune
+13 Reposted by 13 other sources
Center

Seeking shelter from Trump's fury, U.S. trade partners reach deals with each other

Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath. U.S. trade partners are cutting deals among themselves —- sometimes discarding old differences…

Read Full Article
Associated Press NewsAssociated Press News
+22 Reposted by 22 other sources
Lean Left

Seeking shelter from Trump's fury, US trade partners reach deals with each other

Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath.

·United States
Read Full Article

Hit by Donald Trump's tariffs over the past year, U.S. allies are desperately looking for ways to protect themselves from the president's impulsive anger.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 69% of the sources are Center
69% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

technewstube.com broke the news in on Tuesday, February 3, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal