EU approval of US trade deal stalls, paperless trade trial hailed a ‘success’ by DBT and China privately warns banks on US sanctions compliance

The EU-US trade deal has stalled, with the US President threatening new tariffs on European car imports, exacerbating the situation for Europe. A paperless trade trial in the UK has been hailed as a success, potentially reducing compliance costs for UK exporters. US Ambassador Puzder warned of potential tariffs if the EU doesn't implement the deal.