As tensions rise with Donald Trump rejuvenating trade war tactics, European leaders, including Ursula von der Leyen, are preparing countermeasures. The reintroduction of tariffs is expected to create a new world economic order that could harm global trade dynamics. Businesses are thus advised to adapt by looking toward other markets, preparing for the potential economic instabilities that may ensue from heightened trade conflicts. This situation underscores the pressing need for companies to reassess their strategies in an evolving international landscape.
European Commission president Ursula von der Leyen emphasized the need for 'firm and proportionate countermeasures' as the trade war escalates under Trump's renewed policies.
The new world economic order signaled by Trump's trade policies is set to adversely affect global economies, suggesting uncertainty and instability in international trade.
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