Europe’s Trade Struggles: Tariffs, Geopolitical Tensions, and Shipping Disruptions

The global economy is becoming more fragmented and unpredictable, fuelled by escalating geopolitical tensions.

Trump’s intention to increase tariffs on European goods by 10-20% could significantly heighten trade expenses between the European Union and the United States. A recent report from Economist Impact highlights a shift in global trade from a rules-based system to one dominated by power dynamics, prompting a reevaluation of business strategies in Europe.

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