IndustryResponse

European Businesses Brace for Economic Turmoil Amid Trump’s Deregulation Policies

2 months ago

As the global economic landscape shifts, European businesses are increasingly expressing concerns over the potential fallout from former President Donald Trump’s deregulation policies. With a heavy emphasis on reducing governmental oversight in the United States, analysts suggest that these changes could trigger adverse effects across the Atlantic. A growing sentiment among European firms indicates a worrying forecast for the region as they try to navigate the ripple effects of Trump's approach.

Trump Administration Enacts Sweeping Tariffs on Steel and Aluminum Imports

2 months ago

In a significant shift in trade policy, the Trump administration has officially implemented tariffs on steel and aluminum imports, a move that has sent ripples across both domestic and international markets. The new tariffs, which come into effect without any exceptions for allied nations, are set at 25% for steel and 10% for aluminum. This development was anticipated for weeks, as discussions and speculations swirled surrounding potential exemptions and rebuttals from affected countries.