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Basically, the incorrect, German Chancellor Olaf Scholz, described the new Trump tariffs.
One-sided attack – this was the Spanish Prime Minister Pedro Sánchez.
French President Emmanuel Macron called them a cruel, unfounded and unfounded and unjustified and “mass affect” to the European economy.
The EU sold to the United States called the EU goods with the most popular representatives of the French enterprises that are most affected by tariffs, and not to invest in AM3 to “not invest in America until it clarifies everything.”
“What message will we send us a major European player who has invested in the American economy in the Euro Euro (US) for hitting us?” Said.
This is a car for this wine, champagne and the air industry, Germany for France and this luxury goods for Italy. These sectors are sold well abroad and now have flawless risks by our import taxes.
In general, chemicals, machinery and equipment industry are seen as most sensitive to tariffs.
However, there are other EU sectors who have a slightly deeper and trust in the US market that can come as a little surprise.
In general, in general, French cognac, which is rejected as an elderly man’s type in Europe, plays a popular role in the music and lifestyle of stars like Jay-Z, 50 and Snoop Dogg. More than 40% of the French brand are exported to the United States.
Spain exports many gas turbines and tones with olive oil.
When we are exposed to what countries in terms of GDP in terms of the EU countries, the picture is not what you imagine.
Ireland depends more on the US in terms of goods and services. This exports – the drug industry (currently exempts by 20% of the tariffs until it increases its production) and is also one in five of Ireland’s GDP.
Cyprus, Luxembourg and Malta, are more exposed to the EU in terms of exporting services.
Belgium, the Netherlands and Slovakia are in similar condition when it comes to goods.
Germany followed more than 5% of GDP than other GDP countries, Italy (3%) and Spain (more than 2%). These figures were collected in 2024 According to the previous year, CaiKhabank research based on Eurostat figures.
The answer to the new US tariffs is agreed on the EU HQ in Brussels. The European Commission deals with all major trade issues for the members of the bloc.
The commission claims that the President of Ursula Von Der leien, including “multiple cards”, including “multiple cards”, including the power of negotiations and pushback.
The US economy is powerful. It is 25% of global GDP.
However, the EU’s 450 million EU (world’s largest single market) is very close in 22% of global GDP.
Thus, yes, the EU, Donald Trump to retaliate against tariffs, in Hard and bark, bark. Especially as the EU figures offered, the block, as Big Tech’s services, maybe Apple, meta, Amazon and even the platform of ELON MUSK, are also targeting US services.
However, this is a new retaluation risk by the Trump management. EU and Ante want to avoid lifting.
If you take into account the policy, there is less space for maneuvering not only economy than you can think of the EU.
Power energy supplies, the EU has purchased the US liquefied natural gas (LNG) after the Russian gas after Ukraine’s full-scale occupation.
It is difficult to reduce imports or issuing heavy taxes. This is not only in the US industry, but to EU consumers, and this is no longer a tiater of the United States.
Consider all the latest rows on defense costs and Ukraine. In addition to economic hell, he hopes to prevent the EU and prevent new Trump tariffs, and the bloc really wants to look for a trade war with the country with Europe’s best friend.
Thus, Brussels are planned: Heavy revenge threatens, Umid Donald Trump persuades the negotiations, and then will say a turn on tariffs.
The EU trade commissioner Maros Sefcovic says he talked to the US counterparts on Friday. It is an opening gamiti. The EU is not in a hurry to get revenge.
Trump management managed any country negotiating from new tariffs before living this weekend. But then what can the EU offer to convince the US President to return it?
Trump is incandescent on the EU mass trade surplus. Sells more goods from the United States. In 2024, the surplus was 200 billion (180 billion dollars; $ 153bn).
When it comes to services, it sells other ways of other ways in another way. Therefore, the EU is considering the ability to take a major revenge in services such as the United States, as banks and large technologies.
To restore the unbelievers of goods, the EU may report more than the United States or more military equipment or more military equipment, and more military equipment, Washington’s security is pledged to do more.
However, this will violate an EU to ensure the European weapons industry, trying to get the EU, while re-arming the EU countries. This is something that the United States has already protested, so it is difficult.
Brussels can also cut direct and indirect tariffs for US goods. The United States may lose quotas to agricultural products.
It does not want to avoid refraining from asking someone else: This is not to irrigate multiple trubed digital rules because it aims to restrict monopolies and restriction on speech and content in the EU.
How do you value the possible collapse of the international trade system in questioning the EU officials.
European companies remain in their markets, cheap goods from the EU countries and are flooded by cheap goods from countries trying to sell elsewhere.
When it comes to China, the risk is very real. Trump hits more than 50% of tariffs in Beijing while adding them all.
EU will be forced to sign import duties to Chinese goods to protect himself and cause an unexpected trade war with China?
These are concerned and very uncertain economic periods.
Therefore, the European Commission also wants to focus on the issues that it can be controlled – if the EU capitals agree – and it reduces internal barriers to the EU’s unified market.
Like tax modes, these obstacles vary from country to country and affect the EU’s general economic growth and competitiveness.
The IMF calculates that 45% of the EU production is equal; 110% when it comes to services.
This is higher than tariffs applied to the EU by Donald Trump.
The EU countries say that they are united in the fight against them. So far they have completed their own domestic markets.