Trump trade war ‘could push eurozone into full-blown recession’; UK and US expected to cut interest rates today – business live

Ucraina

Rolling coverage of the latest economic and financial news Rolling coverage of the latest economic and financial news The already struggling German economy, which heavily relies on trade with the US, would be particularly hard hit by tariffs on European automotives. Additionally, uncertainty about Trump’s stance on Ukraine and NATO could undermine the recently stabilised economic confidence indicators across the eurozone. Even though tariffs might not impact Europe until late 2025, the renewed