{"id":34660,"date":"2024-11-04T06:49:59","date_gmt":"2024-11-04T06:49:59","guid":{"rendered":"https:\/\/euroupdate.eu\/index.php\/2024\/11\/04\/how-much-could-trumps-tariffs-damage-europes-economy\/"},"modified":"2024-11-04T06:49:59","modified_gmt":"2024-11-04T06:49:59","slug":"how-much-could-trumps-tariffs-damage-europes-economy","status":"publish","type":"post","link":"https:\/\/euroupdate.eu\/index.php\/2024\/11\/04\/how-much-could-trumps-tariffs-damage-europes-economy\/","title":{"rendered":"How much could Trump&#8217;s tariffs damage Europe&#8217;s economy?"},"content":{"rendered":"<p>A Trump victory may harm Europe&#8217;s economy as proposed 10% US tariffs risk hitting European exports like autos and chemicals, eroding Europe\u2019s GDP by up to 1.5% or about \u20ac260bn. Analysts warn of ECB rate cuts, euro weakness, and a recession risk, while defence spending could add fiscal strain.<\/p>\n<p><a href=\"https:\/\/www.euronews.com\/business\/2024\/11\/04\/how-much-could-trumps-tariffs-damage-europes-economy\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>A Trump victory may harm Europe&#8217;s economy as proposed 10% US tariffs risk hitting European exports like autos and chemicals, eroding Europe\u2019s GDP by up to 1.5% or about \u20ac260bn. Analysts warn of ECB rate cuts, euro weakness, and a recession risk, while defence spending could add fiscal strain. Read More<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-34660","post","type-post","status-publish","format-standard","hentry","category-culture"],"_links":{"self":[{"href":"https:\/\/euroupdate.eu\/index.php\/wp-json\/wp\/v2\/posts\/34660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/euroupdate.eu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euroupdate.eu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/euroupdate.eu\/index.php\/wp-json\/wp\/v2\/comments?post=34660"}],"version-history":[{"count":0,"href":"https:\/\/euroupdate.eu\/index.php\/wp-json\/wp\/v2\/posts\/34660\/revisions"}],"wp:attachment":[{"href":"https:\/\/euroupdate.eu\/index.php\/wp-json\/wp\/v2\/media?parent=34660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euroupdate.eu\/index.php\/wp-json\/wp\/v2\/categories?post=34660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euroupdate.eu\/index.php\/wp-json\/wp\/v2\/tags?post=34660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}