U.S. has breached trade deal and Europe is ready to retaliate, top trade lawmaker tells CNBC

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The U.S. has allegedly breached the trade deal with the EU, prompting the EU to consider retaliatory measures, according to a top EU trade lawmaker.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The U.S. has breached the terms of its trade deal with the European Union "several times," top EU trade lawmaker Bernd Lange told CNBC.

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Original article published by CNBC on February 24, 2026.
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