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Car Wars: The EU (Probably) Strikes Back
Car Wars: The EU (Probably) Strikes Back By Stefan Koopman, Senior Macro Strategist at Rabobank The Trump administration’s decision to slap a 25% tariff on imported cars and parts is yet another move in America’s ongoing trade battles. Following the global steel and aluminum tariffs, this latest escalation puts pressure on the EU to respond. As we noted in a special report released yesterday, we believe the European Union prefers to make a deal and prevent a full-blown trade w
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