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Even if Trump increases tariffs on EU goods by 20 percent, this would still only reduce EU trade by 2.2 percent.  (Photo: whitehouse.gov)

Trump tariffs would barely affect EU trade, researchers say

The return of Donald Trump to the White House has EU policymakers worried. 

One of those worries is trade: Trump has vowed to impose a 60 percent tariff on imports from China, 25 percent on imports from Canada and Mexico, and 10 percent on the rest of the world, including the EU.

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

Even if Trump increases tariffs on EU goods by 20 percent, this would still only reduce EU trade by 2.2 percent.  (Photo: whitehouse.gov)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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