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Europe lashes out over Trump auto tariffs and the economic threat to both continents

  • Consumer confidence in the U.S. dropped 7.2 points to 92.9 in March, reaching its lowest level since January 2021, according to The Conference Board.
  • Future economic expectations worsened by 9.6 points to 65.2, the lowest in 12 years, signaling potential recession, as stated by CNBC.
  • Concerns over trade policies and economic strategies have unsettled consumers, leading to reduced optimism, as noted by Bill Adams, chief economist for Comerica Bank.
  • Stephanie Guichard from The Conference Board emphasized that consumer optimism about future income has diminished significantly, reflecting broader anxieties about the economy.
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137 Articles

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Left
22
Center
53
Right
15

While US car bosses are complaining about import duties, employees are talking about a turnaround. Even former Trump opponents are looking forward to – and hope for safer jobs for themselves and their children.

·Frankfurt, Germany
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Lean Left

Entangled as the European Union is in greening its industrial splendour to gain competitiveness, this Wednesday it received a double-impact blow from the United States at the very heart of the manufacturing sector: car manufacturers. The 25% tariff increase for car exports was expected, but that is why they do not stop adding pessimism to the already gloomy prospects of an industry heavily pressured by the strength of Chinese electric cars. And …

·Spain
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  • 59% of the sources are Center
59% Center
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trend.sk broke the news in on Wednesday, March 26, 2025.
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