Trump’s threat of a 30% tariff on EU goods from 1 August puts Europe’s bullish growth narrative at risk. With investors heavily positioned in eurozone assets, Goldman warns of a 1.2% GDP hit, raising fears of a sharp reversal if tensions escalate.
Trump’s threat of a 30% tariff on EU goods from 1 August puts Europe’s bullish growth narrative at risk. With investors heavily positioned in eurozone assets, Goldman warns of a 1.2% GDP hit, raising fears of a sharp reversal if tensions escalate.