How would Trump's tariffs affect ordinary European citizens?

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How would Trump's tariffs affect ordinary European citizens?   A transatlantic trade war could be on the way. The European Commission has responded with similar measures, targeting various US products. But what will this mean for ordinary Europeans?  READ MORE : http://www.euronews.com/2025/03/13/what-will-be-the-impact-of-a-us-eu-trade-war-on-the-life-of-eu-citizens  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00The specter of a transatlantic trade war looms again over the U.S. and the E.U.

00:11The E.U. replied with countermeasures to the United States' 25 percent tariff on imports

00:16of steel and aluminum.

00:19But the commission's president stressed that tariffs are bad for business and worse for

00:23consumers.

00:25When it comes to the reserves, natural reserves like steel and aluminum, will ultimately have

00:34an impact on the production machine at the European Union level.

00:39However, we cannot be certain if these tariffs especially accommodated, are accompanied by

00:47additional policies from the E.U. institutions, this response of 26 billion in tariffs from

00:54the E.U. will create ultimately an inflationary impact for the E.U. citizens.

01:01Recent research from the Kiel Institute has proven that the tariffs from the U.S. to the

01:05European Union will first and foremost hurt the U.S. in terms of inflation, employment

01:11and growth.

01:13But what about European citizens?

01:15There are different channels on how tariffs could ultimately affect the citizens, maybe

01:22citizens when they see imported goods being more expensive, they will switch their consumption

01:28to domestic goods.

01:29However, we also have two very severe problems to think about, which is going to be the monetary

01:35reaction and the financial market reactions.

01:38According to the analysts, the E.U. remains dependent on the U.S. financial system and

01:43a possible recession in the U.S. could influence the European economy.

01:49We are still uncertain on what is going to happen on U.S. and consequently international

01:54growth because now more and more analysts discuss about the prospects of a U.S. recession.

02:00I will not exclude this scenario.

02:02Even Donald Trump during his State of the Union speech recently, he's in front of Congress,

02:08he mentioned that things could get worse before they get better.

02:12But if we keep that in mind, that can translate into a recessionary impact worldwide.

02:19The analyst says that although the E.U. has reacted more effectively to global crises

02:24before, it is still quite unprepared to deal with an extensive global recession.

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