US Tariff Shock: Same Negative Impact, Different Drivers | World Business Watch | WION

The US Tariff shock of 2025 was historic. But its impact on Europe was partly cushioned as tariffs on rival suppliers rose, keeping Europe’s US Market position broadly intact. Still, exports fell amid higher tariffs and uncertainty. With tariffs converging to 15 percent this year for most US Partners, Europe's competitiveness is set to deteriorate.

#usa #europe #tariffs #wion

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