The Trump administration's new tariffs, set to be unveiled on April 2, could impose duties as high as 20% on imports from the EU, escalating trade tensions and potentially harming Europe's economy. Key sectors like automotive and pharmaceuticals are at risk, with Germany, Slovakia, and Hungary facing significant impacts. Goldman Sachs predicts a potential recession in the euro area due to these tariffs, with inflation also expected to rise. The European Central Bank may need to respond with rate cuts. Teljes cikk (Euronews.com)