Source: CNBC
“The European Union and Australia agreed to a sweeping trade deal on Tuesday, the latest move by U.S. allies to rethink their economic ties amid deepening global geopolitical uncertainty. The agreement, which resulted from almost eight years of talks, would remove most of the tariffs the two sides had imposed on each other’s goods and allow the EU greater access to critical mineral supplies from Australia. … The European Union has pushed to clinch new agreements with trade partners over the past year in an effort to diversify its economic relations, defense and military security partnerships that have come under threat as the U.S. appears to be increasingly unreliable.” (03/24/26)
https://www.cnbc.com/2026/03/24/eu-australia-trade-deal-trump-tariffs-war-risks.html