‘The end of the American century’: Trump’s tariffs will hurt the US more than the EU
> The US president’s decision on Wednesday to impose blanket 20% tariffs on EU goods will reduce #eurozone GDP this year by much less than it will #US output,
> Trump’s #protectionist policies [..] could prompt radical changes in the global #economy that might transform the nature of the EU-US relationship, accelerate #multipolarisation, and end the #hegemony of the #US #dollar
https://www.euractiv.com/section/economy-jobs/news/the-end-of-the-american-century-why-trumps-tariffs-will-hurt-the-us-more-than-the-eu/ #EU