Trump is pushing tariffs against Europe again. This is not just a regular trade issue; it's a signal of policy direction.
The message is quite clear: America wants to protect its domestic economy amid global pressures. Tariffs are used as a tool to suppress imports, while also forcing trading partners to adjust their positions.
However, tariffs are essentially an additional cost. The impact is not only on companies but also on consumers through higher prices and disrupted supply chains. For Europe, this creates a dilemma between holding firm or seeking new trade routes.
This issue also reflects a global shift: from free trade towards more strategic and protectionist trade.
So this is not just a political headline. The effects could ripple into inflation, financial markets, and risk asset sentiment.