Trump’s Tariffs Trigger Global Economic Fallout as EU Finalizes Retaliatory Measures
The sweeping tariff package, now in effect, has disrupted financial markets and intensified trade tensions, with the EU and China preparing countermeasures while Trump signals conditional willingness to negotiate.
- The EU and China are finalizing plans for countermeasures, including retaliatory tariffs and digital taxes, in response to the US's sweeping tariff package, which imposes a 10% universal tariff and higher rates for specific countries.
- Global financial markets have reacted negatively, with major stock indices experiencing significant declines, and analysts warning of heightened volatility and economic risks.
- The WTO predicts a 1% decline in global trade and a 0.5 percentage point rise in global inflation, citing the tariffs as a severe threat to the global trade system.
- Trump has expressed conditional willingness to negotiate with affected nations, framing the tariffs as leverage for securing concessions, with a potential negotiation window until April 9.
- Key export-dependent industries, such as automotive and pharmaceuticals in Germany, face significant challenges, while concerns grow over supply chain disruptions and higher consumer prices in the US.





























































































