Cross-Atlantic tariff conflicts reignite! The EU predicts that Trump's tariff policies will affect the 549 billion Euro export scale to the US.

date
06/05/2025
According to the latest forecast from the European Union officials obtained by the Zhitong Finance and Economics APP, the investigation by US President Donald Trump on US-EU trade and broader industry tariff investigations will raise the total amount of EU goods taxed by the US to 549 billion (approximately $622 billion), further escalating transatlantic conflicts as both sides attempt to negotiate lower tariffs and embark on a new round of cooperation on the trade front.