U.S.-EU Trade Tensions Increase with New Tariffs
March 30, 2025
President Trump announced that the U.S. government will impose new tariffs that will affect international markets and the European Union. These tariffs will impact critical sectors like the automotive industry, raising concerns for exporting economies, particularly Germany. The European Commission is prepared to respond with countermeasures, increasing worries about escalating tensions. Markets show signs of concern, with uncertainties surrounding the tariffs and the potential for a trade war.