Donald Trump threatens new trade war with EU

L'AGEFI

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On Friday evening, 5 September, the US President threatened to initiate proceedings against the European Union under Article 301 of the Trade Act 1974, which allows the United States to impose punitive tariffs on third countries.

OKDIARIO

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The trade war initiated by Donald Trump is already having an effect on trade between the European Union (EU) and the United States (US). Thus, the exports of the Twenty-Seven to the United States have plummeted in the second quarter of 2025 by 21.3%, a fall only surpassed (and by little) at the time of the pandemic, when the world paralysed.For its part, imports have fallen by about 3%.This situation has brought the EU closer to the trade defici…