Lates News

Kasten Bruhski, director of macroeconomic research at the Netherlands International Group, said on the 18th that the latest trade data show that the United States' high tariff policy has impacted European exports. Bruhski said that the data released by the EU statistics agency that day showed the export situation of Europe after the first round of US tariff impacts. Overall, industrial data in Europe have fluctuated significantly in the first few months of this year. This is mainly due to companies exporting to the United States before the tariffs took effect and then reducing exports due to high tariffs. Bruhski believes that factors such as the strengthening of the euro since the beginning of the year, U.S. tariff measures, and the uncertainty of global trade prospects, as well as fierce competition faced by European exporters, may continue to drag down European exports in the future. (Xinhua News Agency).