Trump Announces New Tariffs, Prompting Economic Concerns from Experts
Gonzalo Bernardos predicts significant repercussions following the imposition of tariffs on European and Chinese goods.
Former U.S. President Donald Trump has announced that new tariffs will be imposed on imported goods from Europe and China, setting rates at 20% for European products and 34% for Chinese imports.
This announcement has elicited strong reactions from economic experts, notably economist Gonzalo Bernardos, who characterized the situation as a trade war already in progress.
In a statement on social media, Bernardos emphasized that this unilateral decision would not go unanswered on the international stage, foreseeing retaliation from affected countries.
He specifically remarked, 'Soon, there will be reprisals.'
In discussing the potential ramifications for the U.S. economy, Bernardos suggested that persistent tariff policies could lead to a recession.
He stated, 'It is probable that the U.S. will enter a recession,' attributing the possible downturn directly to Trump's decisions.
His remarks included a pointed assertion that the hypothetical economic decline would be 'exclusively made in Trump.'
The current announcement comes at a time of heightened commercial tension, with industry implications particularly pronounced in technology and industrial sectors.
Responses from major stakeholders in the European Union and China are anticipated in the coming days, with discussions ongoing about the broader impacts of these tariffs on international trade relations.
This announcement has elicited strong reactions from economic experts, notably economist Gonzalo Bernardos, who characterized the situation as a trade war already in progress.
In a statement on social media, Bernardos emphasized that this unilateral decision would not go unanswered on the international stage, foreseeing retaliation from affected countries.
He specifically remarked, 'Soon, there will be reprisals.'
In discussing the potential ramifications for the U.S. economy, Bernardos suggested that persistent tariff policies could lead to a recession.
He stated, 'It is probable that the U.S. will enter a recession,' attributing the possible downturn directly to Trump's decisions.
His remarks included a pointed assertion that the hypothetical economic decline would be 'exclusively made in Trump.'
The current announcement comes at a time of heightened commercial tension, with industry implications particularly pronounced in technology and industrial sectors.
Responses from major stakeholders in the European Union and China are anticipated in the coming days, with discussions ongoing about the broader impacts of these tariffs on international trade relations.
Translation:
Translated by AI
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
