The EU will collapse... Italy is just repositioning itself on the right side
CURRENT UPDATE ON CRYPTOCURRENCY
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đ¨đ¨ #EUTradeWar đ¨đ¨ đ¨ BIG MOVE: Italian PM Giorgia Meloni is heading to the U.S. on April 17 to meet President Trump over the newly announced tariffs.
Hereâs whatâs going on:
đŽđš Italyâs in the crosshairs: The U.S. just hit the EU with steep tariffsâ25% on steel, aluminum, and autos, and 20% on most other goods. Thatâs a huge deal for Italy, which has one of the EUâs biggest trade surpluses with the U.S.
đĽ Meloniâs not holding back: Despite her being politically aligned with Trump, sheâs openly calling the move a âmistake.â She's going into this meeting ready to push back.
â ď¸ Economic pressure is real: Italian exporters are bracing for impact. This isnât just politicsâit could hit factories, jobs, and key sectors hard.
đĄď¸ EUâs not sitting quiet: Brussels is already preparing countermeasures. Retaliatory tariffs could drop within days if thereâs no progress.
đ¤ Meloniâs game plan: Try to calm things down before it spirals into a full-blown trade war. Sheâs aiming for a âpragmaticâ dealâless drama, more solutions.
đ Why it matters: This is bigger than Italy. Itâs a signal for where U.S.-EU trade might be heading under Trump 2.0. Everyoneâs watching.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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