US-China Tariff War and Effects on Made in Italy: Macroeconomic-Financial Analysis US Tariffs and Made in Italy US Tariffs: The Impact of Donald Trump's Trade Policy on the Global Economy The announcement by President Donald Trump on the evening of April 2, 2024, regarding the imposition of new customs tariffs of 20% on European products, marks a new chapter in the trade war between the United States and international partners. With the aim of protecting the American economy and reducing the trade deficit, the US directly targets EU exports, generating ripple effects on the entire global economic system. According to estimates from the European Commission, the tariffs will impact 70% of EU exports, with the United States expected to collect approximately €81 billion. Among the European countries most affected is Italy, which is heavily reliant on its high-quality agri-food and manufacturing exports. China's Response: Symmetrical Countermeasures and Trade Tensions China, the...
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