As the deadline for potential tariffs looms, the United States has offered the European Union a deal involving a 10 percent tariff, albeit with certain conditions. Negotiations are tense, with key players like Trump stating that a decision on tariffs is imminent. The EU is keen to protect its industries, particularly airlines like Airbus, while also addressing concerns over possible losses for brands such as Ferrari. The bloc is striving for a trade agreement that minimizes the impact of US tariffs on European goods, amidst fears that the trade relationship could suffer significantly. European leaders assert that reaching a deal quickly is essential to avoid substantial tariff impositions suggested by the US, as they explore concessions and examine a proposal for a limited trade deal. Meanwhile, market reactions reflect optimism based on the ongoing discussions, though uncertainty remains high as negotiators prepare for what could be a crucial week ahead.