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Trump Tariff: He has been working in agreed mode since Donald Trump returned to power. He announced to increase tariffs on countries around the world and in this episode, America’s hanger did not spare Europe either.
Trump Tariff : President Donald Trump after holding US power (Donald Trump) Tariffs were put on countries around the world. Meanwhile, many countries tried to talk to the Trump administration but China put upside down tariffs on the US and that is why the tariff war broke out between the two countries. On one hand, the US increased the tariff by 145 percent, while China also increased to 125 percent. At the same time, America stopped tariff war at all countries for 90 days. Meanwhile, Trump tariff is going to have a bad effect on the European economy. Even if the situation remains a bit stable. On the other hand, Trump forced countries around the world to bring them to the conversation table.
20 countries use European currency
The European Union Executive Commission on Monday said in its regular spring forecasts that there are 20 countries using European currency. During this time, it has been forecasted that up to 1.3 percent growth rate will remain but now it has been reduced to 0.9 percent. On the other hand, the forecast for the year 2026 has been reduced from 1.6 percent to 1.4 percent. At the same time, low development has been estimated because there was a stable economy in Germany where development is expected to be zero due to lack of production in two years. Explain that the economy of Germany is very much dependent on exports, but due to the attack on Ukraine, Russian natural gas has to pay high cost of energy.
Challenge from China in auto and machine
Apart from this, the government of Germany has reduced the infrastructure. Also, China is getting a good challenge in auto and industrial machines. Economy Commissioner Waldis Dombrovovski said that apart from the proposal of 20 per cent tariffs on imported goods from Europe, suspending it for 90 days has created uncertainty. The economy was not shocked even when it was not seen even during Kovid-19. He also said that the European economy remains flexible and the job of jobs remains strong for the moment. The Commission has also admitted that the record has been estimated by a record 5.7 percent decline in unemployment next year.
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