- Europe will respond appropriately and proportionately.
- Trump’s decision on tariffs is fundamentally wrong.
- Entire world economy will suffer from this.
- Even if we did nothing in response, the tariffs will cause problems for the US economy.
- There are intricate supply chains that you can’t simply sever.
- It would be a serious economic error.
European leaders have been commenting on Trump’s reciprocal tariffs but for now it’s been all just bark and no bite.
This article was written by Giuseppe Dellamotta at www.forexlive.com.