Transatlantic Deal Emerges

The EU uses the proposed corporate levy as negotiating leverage, and Washington accepts a compromise that avoids tariffs while preserving some European tax revenue. This outcome is plausible because both sides have incentives to prevent a 2026 trade fight from hitting autos, aircraft, luxury goods and software.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.