In light of escalating tensions over trade, Europe has just four weeks to prevent a major conflict with the US following President Trump's new tariff threats, potentially reaching 50%. This situation poses risks, including a dramatic 20% drop in pension funds. European officials are determined not to yield easily to what they describe as 'unreasonable' and 'unrealistic' US demands, signaling that they are ready for robust negotiations to protect their economic interests.
The looming threat of a 50% tariff from the US has created a sense of urgency in Europe, as officials scramble to prevent a catastrophic trade war that could destabilize economies.
With just four weeks until a potential trade war erupts, European leaders are preparing to push back against what they consider unreasonable demands from US officials regarding tariffs.
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