Beneath the geopolitical posturing of Trump’s tough trade tactics lies a more sobering reality: real people may pay the price. With the threat of a 50% tariff looming over EU goods, the potential consequences could stretch from corporate balance sheets to kitchen tables, increasing living costs and threatening job stability.
EU Trade Commissioner Maroš Šefčovič has framed the response as a defense of mutual respect and economic balance, but his message also speaks to everyday Europeans. In the US, the ripple effects could be just as intense, especially for consumers already squeezed by inflation. The standoff, if unresolved, could prove punishing at the personal level.
Power Games with Real Costs: How US-EU Trade Tensions Could Hit Households
Date:
Picture credit: www.flickr.com