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TA3 | Imposed 20% tariffs on the European Union

Donald Trump's move has angered rivals and long-time allies alike. The new tariffs will take effect on 5 April. Martin Vokálek, Executive Director of EUROPEUM Institute, commented for ta3.
3. April 2025

Donald Trump is a self-proclaimed fan of tariffs, saying they are meant to restore sovereignty and protect domestic industries from the unfair practices his team says the US faces. It's not that everyone wants to hurt the United States of America, on the contrary, Donald Trump's current actions will put a strain on global trade, create a lot of uncertainty and many impacts on people around the world.

Velice zásadně se zpomalí růst globální ekonomiky, propadnou se finanční trhy, což už bylo avizováno. Obchodní válka nepomůže skutečně nikomu, ani americkým obyvatelům, ani americkému průmyslu, ani Evropě. Tak zásadní opatření, ještě k tomu zavedené na tak hloupých principech a výpočtech, se může dotknout vývoje světové ekonomiky na dalších několik let.

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