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EU Slaps 30% Tariffs on US Goods—August 1 Deadline Looms as Trade War Escalates
EU Slaps 30% Tariffs on US Goods—August 1 Deadline Looms as Trade War Escalates
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Europe just loaded the tariff cannon—and it’s aimed squarely at US exports.
The countdown begins: If no deal is reached by August 1, the EU will hammer American goods with a 30% surcharge. No warnings, no grace period—just cold, hard trade warfare.
Why it stings: This isn’t just posturing. That 30% figure? It’s a direct hit to profit margins, supply chains, and—of course—consumer wallets. Markets hate uncertainty, and this move reeks of it.
The finance jab: Meanwhile, hedge funds will probably short the chaos and call it 'risk management.' Classic.
Tick-tock. The clock’s running—and so are the contingency plans.
Something big is brewing between the U.S. and Europe— and it’s not just talk anymore. If no trade deal is reached by August 1st, the European Union plans to impose a jaw-dropping 30% tariff on $117 billion wor... Read More
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