The return of Donald Trump to the White House has led to significant market disruption, trade wars, and economic uncertainty, prompting readers to seek expert insights on these issues. Tariffs have surged, with average US tariffs estimated at 23%, heavily influenced by steep charges on Chinese goods, and the potential for boycotts against American products looms, particularly for those associated with Trump. Additionally, the US budget deficit remains a concern, with proposed tariff revenues failing to compensate for tax cuts, highlighting the complexity of addressing the nation’s fiscal challenges.
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The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
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