
EU Exports to U.S. Plunge 10% Amid Escalating Tariff Tensions
EU exports to the U.S. fell 10% in June as tariff hikes disrupt trade flows, with major ports like Hamburg seeing 20% cargo declines on transatlantic routes.
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EU exports to the U.S. fell 10% in June as tariff hikes disrupt trade flows, with major ports like Hamburg seeing 20% cargo declines on transatlantic routes.
Eurozone’s Q2 growth hits 0.1% as U.S. tariffs impact trade, with Germany and Italy facing declines while Spain shows resilience. Experts weigh in on long-term effects.
Eurozone inflation drops to 1.9% in May, falling below ECB’s 2% target amid slowing services sector prices, signaling potential economic shifts.
EU cuts 2025 growth forecast to 0.9% amid Trump tariff pressures, with Germany facing zero growth as trade tensions reshape economic outlook.
ECB cuts interest rates by 25 basis points amid inflation stabilization and rising trade tensions, aiming to bolster eurozone growth.