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Editorial: La Vanguardia

  • Trump has imposed a 25% tariff on Canada and Mexico, and 10% on China, trigger a trade war.
  • Trump's decisions have economic and financial dimensions, and may also have political repercussions.
  • These tariffs may prove harmful to the American consumer, as they may raise the prices of foreign products and inflation.
  • Affected Countries are responding with economic measures and political tactics.
  • Trump's decision to impose tariffs may compromise the leadership of the US in the global economy.
  • US allies may be pushed to seek new trading relationships, like with China.
  • The EU is willing to negotiate with the US, but not at the expense of their principles and interests.
  • Tensions between the EU and the US are not only economic, but also involve defense and transatlantic relations.

Conclusion: The trade war initiated by Trump could be harmful for everyone, including to US allies and to the US itself. This trade war could have a significant impact on the global economy and geopolitical balance.