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Trump's New Tariffs: EU Trade War Looms
Published 2 weeks, 6 days ago
Description
Trumps New Tariffs on EU Cars: A Potential Game-Changer
President Trump announces 25% tariffs on EU cars and trucks, citing trade deal violations. The EU-US trade racket is massive, with $2 trillion in goods and services last year. Trumps move could shake global markets, with inflation at 3.3% and midterms looming. EU trade chief Šefčovič says talks have improved, but retaliation is expected.
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