🔥🔥Trump Targets EU Imports with Steeper Tariffs Ahead of Deadline,
Will This Spark a Fresh #U.S. -#EU's Trade Clash???🔥🔥🔥
Tensions rise as the U.S. under #TRUMP 's directive, signals plans to increase tariffs—potentially above 10%—on most European imports by August 1.
EU officials are preparing a counter-strategy this week, bracing for a no-deal outcome.
While talks continue, progress remains stalled.
Washington’s limited exemptions (like aerospace and some pharma) aren’t easing European concerns.
EU diplomats warn they may respond with matching tariffs, risking a full-blown transatlantic trade standoff.
Trump’s aggressive approach reflects his 2025 election agenda, aimed at bolstering U.S. manufacturing and recalibrating global trade ties.
Economists warn that failure to strike a deal could rattle markets, disrupt supply chains, and worsen inflation pressure.
All eyes on the coming days.