Tariffs, Tensions, and Trade-offs (World Economic Forum Strategic Intelligence)

Tariffs, Tensions, and Trade-offs

The EU–US steel and aluminum deal averts tariffs but exposes Europe’s industrial vulnerabilities amid the US’s new trade regime. While US tariff revenues have surged, the costs have hit domestic firms and consumers. Europe faces a strategic dilemma: align with US industrial policy or forge independent competitiveness in a world shaped by protectionism and geopolitical rivalry. Here are expert insights into how global dynamics are shifting.

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