Trump's EU tariff threat could cause economic damage beyond Europe

Quick Summary:

President Trump's threat of 50% tariffs on EU goods has sparked global economic uncertainty.

Analysts warn of potential recession in Europe and slower growth in the U.S., with significant impacts on countries like Ireland and Germany.

Whatever the strategy -- or lack of one -- the economic fallout on the American, European and global economies will be severe if Trump follows through.

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Article Details

Author / Journalist: New York Times

Category: Business

Markets: IndiaChinaFranceGermanyIrelandItalyJapanSpainUnited States

Topics: European union Donald trump Global trade Agathe demarais Trump eu tariffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-26 @ 10:17:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1692 words

Reading Time: 10 minutes read

Sentences: 49 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 28969752

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Year Established: 1961

Headquarters: India

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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