The featured repot by Northern Trust explores escalating trade tensions between the U.S. and the EU, focusing on new tariffs on steel and aluminum. Key takeaways include:
- The U.S. has imposed 25% tariffs on steel and aluminum, reviving past trade disputes.
- The EU may retaliate with tariffs on American goods, potentially impacting global markets.
- The European economy faces additional risks, including weaker growth and potential ECB rate cuts.
Given the far-reaching implications for global trade and economic stability, access the full report for an in-depth analysis.
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