ING: Trump’s Tariffs - Europe’s worst economic nightmare just came true

The increase in US tariffs on imports from the European Union will have a severe impact on the European economy, economists estimate. Some banks have already cut their growth forecasts for the euro zone. US President Donald Trump has…

ING: Trump’s Tariffs - Europe’s worst economic nightmare just came true

A US 20% reciprocal tariff on the European Union will hurt. It's worsened the eurozone's short-term outlook. Now, so much depends on European governments to push through with their planned fiscal stimulus and reforms to strengthen domestic economies.

ING warns U.S. tariffs could slow Dutch economic growth, reshape transatlantic trade

ING economists have described the recent U.S. import tariffs as a dire blow to Europe's economic stability, marking a significant turning point for the Netherlands, according to BNR. In their initial response to the 20 percent tariffs, ING experts highlighted how these measures could significantly reshape the transatlantic trade relationship.