
Want to receive this post in your inbox every morning? Sign up for the Balance of Power newsletter, and follow Bloomberg Politics on Twitter and Facebook for more. A U.S.-EU trade deal, Donald Trump’s war of words with Iranian officials and government efforts to contend with a spate of wild weather across the globe dominated headlines this week.
Main Idea: President Donald Trump’s week was marked by a U.S.-EU trade truce, sharp warnings to Iran, and growing concern over extreme weather around the world.
Key Points:
Trump's trade fight with the EU and Iran can raise costs for US households and small businesses if tariffs, oil shocks, or market swings spread.
A trade truce with the EU could ease price pressure and reduce uncertainty for workers, shoppers, and investors.
Rate how each entity in this article affected the American people.
Central counterpart in the reported U.S.-EU trade deal/truce.
Named political leader central to the trade and Iran-related headlines summarized in the article.
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