The US casually adjusts its tariff policy; German think tank: The global economy rejects the uncertainty injected by the US.

GoldenOctober2024
TRUMP0,26%

On March 23, Jin10 reported that U.S. President Trump has recently frequently introduced trade protectionist measures, raising widespread concerns in the international community about the global economic outlook. Analysts point out that the uncertainty of U.S. policies will disrupt the global economic order. As an important part of the global economy, Europe will inevitably be harmed. German think tank expert Ainmayer stated: What we are currently seeing is that the Trump administration has further exacerbated trade conflicts, and we all hope that the situation does not continue to deteriorate. Trump’s arbitrary adjustments to tariff policies—sometimes raising, sometimes dropping, and sometimes postponing—are exactly what the global economy needs the least, which is uncertainty; what the economy needs is stability. Historical experience shows that increasing tariffs will only bring harm in the medium to long term. Many Europeans are concerned that the U.S.'s escalating unilateral policies will not only plunge the U.S. into a “Trump recession” or even “stagflation,” but its negative spillover effects will also spread globally, impacting Europe’s already fragile economic recovery momentum, and may even become the trigger for a new round of “European debt crisis.”

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