Episode Details
Back to EpisodesTrump threatens to hit the EU with 25% tariffs
Description
On Wednesday President Trump said the EU was formed to “screw the United States,” then announced he would hit the EU with 25% tariffs. This has prompted a reaction from European officials and capitals, who point out that the EU has had the opposite effect, fostering closer business ties and trade links with the US. Maria Demertzis, the chief economist for Europe at the Conference Board in Brussels, joins Thanos Davelis to look into the European reaction to these statements, and break down what this could mean for the economies of the US and EU, including Greece.
You can read the articles we discuss on our podcast here:
Trump says 25% tariffs on EU will be announced soon
Trump’s threatened 25% tariffs on EU imports could trigger ‘economic turmoil’
EU to Trump on tariffs: Go ahead, make our day.
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