EU’s Dombrovskis: Existing tariffs enough to shave Up to 1.4% off US GDP, hit EU by 0.2%

EU Economy Commissioner Valdis Dombrovskis acknowledged the US decision to pause reciprocal tariffs above 10% for 90 days as a positive step that opens the door to negotiations. However, he cautioned that the existing 10% duties still in place on nearly all countries continue to weigh on the global economy. Additionally, the US has not […]

The post EU’s Dombrovskis: Existing tariffs enough to shave Up to 1.4% off US GDP, hit EU by 0.2% appeared first on Action Forex.