The trade war is here, the currency war is coming

A 10% duty for everyone and then going up for the 'bad'. China has 34%, Europe 20%. And again: 25% for all foreign cars...

Anyone who starts a trade war is also willing to wage a currency war. Donald Trump's desire to weaken the dollar has already been indicated on several occasions. Europe should prepare for the next economic conflict.

Analysis of trade tensions and their economic consequences in 2023 Read more The trade war between the United States and the European Union in 2023 in Actualidad.es.

Currently, China has consolidated itself as the main economic rival of the United States. The so-called "tariff war," promoted during both of Donald Trump's mandates, pursues three main objectives: containing China's growth, protecting strategic sectors of the U.S. economy, and pressuring other countries to open their markets and renegotiate trade agreements.