From Investing.com: 2025-04-03 01:38:00

The US has imposed a 20% tariff on the European Union, impacting the eurozone’s short-term outlook. The Transatlantic relationship has shifted permanently, affecting economic policies and trade. The EU has delayed its counter-tariffs but is prepared to retaliate if necessary. The tariff tsunami could reduce eurozone GDP growth by 0.3pp over two years. The European Commission may provide support to affected sectors. Structural reforms are crucial for long-term economic stability. The ECB might consider a rate adjustment due to the trade shock. The impact on inflation and consumer confidence remains uncertain.



Read more at Investing.com: Tariffs: Europe’s Worst Economic Nightmare Just Came True