Group 1 - The euro has appreciated by 0.2% against the US dollar, currently trading at 1.1779 [1] - The US has threatened to impose a 17% trade tax on EU agricultural exports [1] - EU diplomats indicated that negotiators have not made progress in trade talks with the US, with discussions set to continue over the weekend [1] Group 2 - EU negotiators are considering ensuring an extension of the tariff suspension period if a broader trade agreement cannot be reached [1]

Core Viewpoint - The United States threatens to impose a 17% trade tax on agricultural exports from the European Union [1] Group 1 - The potential trade tax could significantly impact the EU's agricultural sector, affecting exports and market dynamics [1] - This move is part of ongoing trade tensions between the US and EU, highlighting the fragility of international trade relations [1] - The proposed tax rate of 17% indicates a substantial financial burden on EU exporters, which may lead to retaliatory measures [1]