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Trump's tariffs could cost Europe 15 billion euros

The Kiel Institute for the World Economy estimates that new tariffs imposed by the Trump administration will cost European countries 15 billion euros in economic losses.

Published 17sem1 sourceImportant
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The fact

These tariff measures are part of a protectionist American strategy aimed at reducing the U.S. trade deficit and favoring domestic producers.

The losses could significantly impact European exporters' competitiveness and destabilize international supply chains.

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Auto-synthesis from 1 media source · identified on May 2, 2026
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