Tariffs: wider economic consequences than anticipated believes the President of the EDF

The President of the Fed said that tariffs could lead to less growth, more inflation and more unemployment.

The most affected countries are China, which adds 54% of tariffs with new taxes, and Japan with 24%. The European Union will have a 20% surcharge. The EDF warns that inflation will increase in the US. Read more

Donald Trump has fulfilled his campaign promise—or threat—by imposing new tariffs: 20% overall on European Union products, 25% on sectors such as automotive and even tougher measures against competitors like China. For Spain, a country with 3.39 million autonomous and a business fabric dominated by SMEs, these measures not only affect those who export to the US, but have a much wider reach.A storm in international trade "Turns are a tax on impor…