Tariff shock wave emerges! Eurozone's industrial and trade "double kill" in April, trade surplus evaporated by 27.4 billion euros.

Wisdom Finance app learned that in April, the industrial and trade sectors in the eurozone faced significant challenges, likely due to the impact of US tariff policies. This also challenges the previous viewpoint of economists that the eurozone was performing steadily in economic turmoil. Data released by the EU Statistics Office on Friday showed that industrial output in the EU fell by 2.4% in April, far exceeding the 1.7% decline expected by Reuters economists, and all sectors of industry experienced contraction. The trade sector is also under pressure, with the trade surplus of the 20 eurozone countries plummeting from 37.3 billion euros in March to 9.9 billion euros in April.