The recent imposition of tariffs by the Trump administration on imports from Canada, Mexico, and China has reignited concerns about the potential economic impacts of such trade policies.
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How will Trump’s Tariffs Hurt the European Companies?
The start of Donald Trump’s second term has been marked by an aggressive trade policy, with new tariff threats and implementation already shaking global markets. The administration has announced tariffs of 25% on goods from Canada and Mexico and 10% on energy imports. Although these duties have been postponed until early next month, there is increasing concern that Trump will now turn his attention to Europe.