The EU warns that a 30% tariff imposition by Trump could eliminate transatlantic trade, raising concerns about global economic stability.
The European Union has voiced serious concerns that proposed tariffs could drastically impact trade relations. A 30% tariff, as suggested, could halt transatlantic trade.
Such a measure could trigger significant economic repercussions, impacting businesses and consumers on both sides of the Atlantic. The EU's warning underscores the fragile state of global trade and the need for continued dialogue to avert damaging trade wars. International trade relations are at stake.