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Reading: EU Warns Trump Tariffs May Impression €549 Billion in Exports
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StockWaves > Financial News > EU Warns Trump Tariffs May Impression €549 Billion in Exports
Financial News

EU Warns Trump Tariffs May Impression €549 Billion in Exports

StockWaves By StockWaves Last updated: May 6, 2025 3 Min Read
EU Warns Trump Tariffs May Impression €549 Billion in Exports
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Might 6, 2025Might 6, 2025





The EU expects potential Trump-era tariffs to have an effect on €549 billion ($622 billion) value of its exports to the US, overlaying about 97% of its complete shipments.

Items underneath risk embrace lumber, prescription drugs, semiconductors, essential minerals, and vans.

EU commerce chief Maros Sefcovic known as the proposed US tariffs unjustified and warned they may damage each economies.

You Might Discover This Fascinating

The EU plans to share proposals with the US to ease commerce tensions, together with reducing limitations, rising US items purchases, and strategic cooperation.

If talks fail, the EU is making ready retaliatory measures, together with reactivating suspended tariffs on €21 billion value of US items.

The EU additionally screens dangers from Chinese language items being redirected to Europe as a consequence of US tariffs and will take motion to guard its market.

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