The European Union (EU) has announced plans to impose tariffs on $4 billion worth of American products in response to the US’s previous tariffs on EU goods. The EU has stated that these retaliatory tariffs are a necessary measure to protect its interests and ensure fair trade practices between the two trading partners. This move is likely to escalate the ongoing trade tensions between the EU and the US, further straining their economic relationship. The imposition of tariffs could potentially impact various industries and increase the costs of imported goods for consumers in both regions.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
