Tariffs Are ‘Major Blow’ to World Economy, Says – Money News
European Commission President Ursula von der Leyen vowed to reply to President Trump’s newest tariffs, and known as them “a major blow to the world economy” that will have dire penalties. The president of the European Union’s government arm stated the bloc is prepared to reply, with a measure to handle the metal tariffs at present being finalized, and a second response additionally within the works.
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